We all now that the USD dollar are the king, but how long can the american bank hold this price, before is bade for the international trading with usa
who will pay the import prices if usd dollar are so expensiv..... The norwegian will find a away.
strenghten the kroner or make pressur on the usd to make good trades.
Anyway good trades on lots of cannels vs usd
Norwegian Krone is highly correlated to Crude Oil futures (front month), but over the last year it appears to diverge. NOK/USD has continued to slide while Crude stabilised. This could be due to strengthening Dollar, and the low oil prices indicating weaker future economic growth.
The blue trend line marks multi-year highs. With prices touching this trend,...
We have a nice pair opportunity (and perhaps a great *USD trade) in the NOK crosses. NOK shows excellent relative strength, and has a lot of catching up to do with the Yen, which makes it ideal to long NOKJPY or long NOKUSD and short JPYUSD, risking 1 weekly/monthly ATR per side.
The NOKUSD trade is to long at market or on dips, and risk a drop under today's open,...