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The*Technical Confluences Indicator*shows that the yellow metal is likely to face an uphill task*to take on the upside, with the immediate hurdle seen around $1804, where the SMA5 one-day, Fibonacci 61.8% one-day and SMA5 on four-hour converge.
Acceptance above the latter will see a test of minor resistance at $1807, the Fibonacci 23.6% one-week. The bulls will have to clear a bunch of small resistances before it retakes Monday’s high of $1813.54.
On the flip side, $1796 is the level to beat for the bears, the confluence of the previous low on four-hour and pivot point one-day S1.
Should the bears take out that level, the floor will open up towards the downside target of $1788. Strong support emerges there, which is the intersection of the Fibonacci 61.8% one-week, Fibonacci 161.8% one-day and SMA10 one-day.
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Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
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USD/NOK
aj usd/nok ki opening price 9.4548 in d1 chart me the os time market trend buy tha aur 9.4602 say trend sell howa aur current market price 9.4126 hai market me enter honay k liya best entry point trend ko dheaktay howay buy/sell kl ki market closing price 9.4429 hai.
Best of luck
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The US Dollar / Krone is the most popular pair to trade the Norwegian currency. The price of the Krone is influenced by changes in interest rates and oil prices. The pair saw a lot of volatility between 2002 and 2008 because of the changes in oil prices and the global financial crisis. Norway's economy largely benefits from trade, and a lot of that trade is done with the UK and the Euro-zone. Therefore, the Krone is significantly affected by changes in those economies.
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I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
I suggest to take LONG position today. time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade. money management is very effective for getting profits with stop loss and take profits method with current trading position.
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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
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The USD/NOK exchange rate has been trading within a falling wedge pattern since the middle of June.
From a theoretical perspective, it is likely that a breakout north could occur in the nearest future. In this case the currency pair could target the psychological level at 9.8000.
Meanwhile, note that the exchange rate is pressured by the 200-hour moving average near 9.4650. Thus, some downside potential could continue to prevail in the market.
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Today market technical analysis trend buy
According to some best indicator like
Bollinger band
RSI
Zigzag
Market is going to up position if you like and gain good profit open buy order and gain good and huge profit I thing keep in mind use money manage and always use stop loss and take profit. If u lost in there plz try again and take good profit.
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Hi Dears
this pair 80% support of "BUY" as you know
that previous week market has been down
significantly therefore "BUY" is strong this
time. "Please avoid to cell" and get profit.
If you like "Click" thanks
