You're never gonna keep me down, I get NOKed down, but I get up again, You're never gonna keep me down! Now that you all hopefully have the song stuck as much into your head as I have ;) we can go straight to the facts: It is true that over the past two years, the Norwegian krone has all too often been one of the big losers in the FX market. Not only has it...
First things first: all hail the vikings! Why I like this trade: - NOK with the MUCH better fundamentals - NOK clearly undervalued on a longterm timeframe - Norges Bank quite dovish in their last meeting but could get hawkish again in march as -> inflation has massively surprised to the upside - inflation expectations on thursday will be key for NB - NB could...
First things first: all hail valhalla! Why I like this trade: - NOK with the MUCH better fundamentals - NOK clearly undervalued on a longterm timeframe - Norges Bank quite dovish in their last meeting but could get hawkish again in march as -> inflation has massively surprised to the upside - inflation expectations on thursday will be key for NB - NB could reduce...
Hello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ On the Monthly & Weekly we have an ICI strategy forming, we already have an impulse and a correction we are waiting for the retracement to touch the 0.382 of the fibonacci taken on the impulse of the Monthly and Weekly. Entry is at the...
FX_IDC:EURNOK The yellow and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance. Good luck guys. IRFOFC
Hello Dear Traders, You find below my analysis for EUR/NOK, the currency pair is in the sell zone. I expect the price to fall. According to my set of rules, in the M30 frame EUR/NOK will fall to 10.46 as I am showing in my chart. Our Daily Goal is 10.445. Currently, EUR/NOK is moving towards the resistance level 10.506,where there is some liquidity from this...
Hello Dear Traders, You find below my analysis for EUR/NOK, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the M30 frame EUR/NOK will rise to 10.485 as I am showing in my chart. Our Daily Goal is 10.5. Currently, EUR/NOK is moving towards the support level of 10.44 where there is some liquidity, from this value...
Hello Dear Traders, You find below my analysis to Eur NOK. This pair is strictly correlated to oil prices and S&P 500. The future trends may mirror this pattern closely. The oil fund owns more than 1.5% of all the listed stocks worldwide, and its returns alone were worth a third of Norway’s GDP in 2020—even amidst the pandemic. According to my set of rules, In...
Hello Friends! I think now 'EURNOK' Short 'Buy' position. Trade_ID: #B20000292 EURNOK - Buy => Entry Point: 10.91593 => Stop Loss: 10.71138 => Take Profit: 11.14789 => Take Profit2: Open You will take only 1-2% risk for all running entry You will try to give an alert when need to close it. ....Thank you... ©Learning Forex