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Discussion of this pair in my opinion that market can be move to the bullish trend, as looking forward to the open trade, and I prefer the first option of sell it .
If we seems that closing graph of this pair its overall trend show us buy, and moving average is looking strong up side ,I think it can little bit move up but looking world's situation by Covide,20 it can be move to the down side ,so my suggestions are to sell here ,
If you like & agree .
usdnok pair over all looking in strong selling and i prefer for sell the usdnok pair at price 8.30 to 8.50 and we set our take profit at price 8.00 to 7.80 and we set our stop loss point at price 8.50 to 8.70 maximum and trader must analysis the usdnok pir current trend and trader analysis the complete fundamentals and technical analysis of usdnok trading pair then he/she place order and make good profit easily with usdnok pair selling positions today
Usd/Nok
we predict future values with technical analysis for wide selection of Forex currency pairs like USD/NOK. If you are looking for Forex pairs with good return, USDNOK can be a profitable investment option. USD/NOK rate equal to 10.336 at 2020-05-01 (today's range: 10.244 - 10.346). Based on our forecasts, a long-term
Today market trend:Buy
Resistance and support poinst also going up
Parabolic sar bollinger band rsi indicators also tell market up
So think about situation and then easily take decision for trading
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Today market trend:Sell
All indicators and moving averages tell us about market down
According to expert traders market trend is sell and do the trading in sell
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Today market trend is :sell
This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend
Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
maybe this pair will make some correction to the next high level.
I predict this pair will reach to the next resistance level,
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator .
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit.
we must have a good strategy to get consistent profits ,
choose a strategy base on your trading style and increasing your knowledge about forex everyday.
I see this pair to show bullish signal.
Simple Moving Average indicator also giving us buy signal.
this pair can continue bullish trend today and there is possible chance price will move to up side.
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