USDNOK is trading inside a Channel Up for almost four months, with the 1D MA50 supporting as the medium term Support. The very healthy bullish 1D technicals (RSI = 62.188, MACD = 0.074, ADX = 41.092) indicate that the current price action will lead higher so we are buying into today's strength and aim at another +4.60% rise (TP = 11.500). ## If you like our free...
Karachi, Pakistan – Nokia and Cybernet, the leading fixed-line telecommunications provider in Pakistan, today announced they have deployed the country’s first DWDM network operating at 600Gbps per wavelength. The DWDM network enables Cybernet to deliver a high capacity, robust network that is capable of meeting requirements of even the most demanding customers....
The EURNOK pair has topped on the long-term having made a Cycle peak on the week of May 29 2023. So far however, the 1W MA50 (blue trend-line) has (nearly) held twice as Support, but both rebounds failed to cross above the 0.618 Fibonacci level. This price action is very similar to the previous Cycle peak of March 2020, leading to a 1W MA50 rebound that again...
We have a potential Partial Rise at a 61.8% Retrace within an Ascending Broadening Wedge Pattern on the EURUSD with a Bearish PPO Confirmation Arrow. If we hit the Demand Line from here, it is very likely it will break down and hit the Measured Move Target down at 7.22
USDNOK is sitting at the Demand Line of an Overall Bearish Ascending Broadening Wedge Pattern that happens to align with the 1.272-1.618 PCZ of a Bullish Butterfly; along with that, we have PPO Confirmation, RSI BAMM, and a MACD Bullish Crossing. Given the scenario, I can see this trying to retrace up 50-88.6% of the Harmonic Range before coming back down and...
Analyzing the options chain of NOK Nokia Oyj prior to the earnings report this week, I would consider purchasing the 4usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
Crude oil is trying to stabilize ahead of the FED today, showing some interesting intraday recovery from around $67.00 per barrel. Can be a small impulse, but I want to see a steady recovery ehre and possibly a broken resistance line to make sure that w-x-y in E of (B) is completed. Also, the global oil supply fell 660k bpd in May on OPEC+ cuts, which can help to...
One of the first things you might ask yourself with this call is "How did a bull get stuck in a washer and dryer?" The people who look more closely might ask "Why is this bull living out of a washer and a dryer?" The short answer to both of these questions is that the dude listened to Reddit. I say this in every post about memestocks, but Reddit isn't your...
Nokia has been quiet for years - too quiet I suspect. You remember those old brick phones, the ones that were nearly indestructible, right? I have been watching Nokia off and on since March of last year, trying to find a decent entry point. This is an update to my original idea linked below. Due to Nokia's prior reputation, I have for nearly a year had a very...
Nokia is in a historic 1-2 1-2 1-2 This basically means parabolic move. Nokia is changing from a value stock into a growth stock. Nokia will go parabolic and i will make millions
EURNOK is showing a notable amount of Bearish Divergences across many timesframe at the PCZ of this Potential Bearish Deep Gartley.
In this update we review the recent price action in the USDNOK and identify the next high probability trading opportunity and price objectives to target
Commentary EUR/NOK multi-week higher tops and higher bottoms on price indicate a dow pattern uptrend; provided price can hold above the 10.9 key support the potential for a continuation of the prevailing uptrend remains for a move towards 11.05 in the short term (5-13 days), otherwise if price fails to hold above the 10.9 key support then scope for a price...
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...
Also on the weekly chart, it bears downwards. I think we will have a real bearish rally.
$USDNOK - Now we wait... Another week for us traders to take advantage of Excellent set up for usdnok - now we wait for a break to either direction we do have key fundamental data this week. Will Powell be as before dovish or will he hawkish as well as that softer cpi coming our way expected and then taking into consideration the technical view of usdnok it's...
I think DXY may lose some ground in the next few weeks, to where no one knows against NOK there seems to be one of the clearest patterns a descending triangle, confirmed by the volumes on NOK Futures I expect a clear break below 10.40 and confirmation volumes on the futures, even if on the descending triangle they are not essential