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Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
$d/NOK
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading
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Usd/Nok
USD/NOK 1H Chart: Pair is likely to decline
The US Dollar has been depreciating against the Norwegian Krone since the beginning of last week after the USD/NOK exchange rate failed to surpass the resistance level formed by the monthly PP at 9.1780.
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predictions for the day.
trading is risky if no analysis is done
Usd-nok - is the currency pair we will be focusing on
major low levels also known as supports -Buy the pair long term
major high levels also known as resistance - Buy currency pair long term
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USD/NOK
Market Trend is sell
Pivot point 8.8132
Resistance levels
Resistance 1=>8.8132
Resistance 2=>8.8132
Resistance 3=>8.8132
Supporting levels
Support 1=>8.8132
Support 2=>8.8051
Support 3=>8.8018
If you like Click THANKS👍
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Today this pair of Market trends & technical Analysis justified for me.
TRENDING
1)Gator Osillator:BUY = (3)dEMARKER :BUY
2)Fractals :BUY = (4)Evelopes :BUY
$d/NOK
Paraboloc SAR : BUY
The RSI is still on :BUY
StDev on BUY direction.
4hour time frame also telling these condtional exprations.
Indicator shows market going UP and technical Analysis same thing.
All technical and fandamantal follow the BUYing trends.
Note:Always Follow the making experienced with others having great knowledge about trading
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Usd/nok
suporting levels are here:
support 1) 8.95
support 2) 8.90
support 3) 8.87
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal because ichimoku made a sell candle in clouds which giving selling trends.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest resistance of this pair today will be going :9.20
i think best time to enter sell trade at 9.20 with tp at 8.90 with narrow stop loss of 9.40
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uSD/NOK>>
pivot point :9.15
first resistance is on point : 9.25
second resistance is on point :9.45
third resistance is on point : 9.65
In my observation the profitable next selling point will be 9.65
and by my mind the profitable next buy point will be 8.80
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
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Market Trend is sell
Pivot point 8.8132
Resistance levels
Resistance 1=>8.8132
Resistance 2=>8.8132
Resistance 3=>8.8132
Supporting levels
Support 1=>8.8132
Support 2=>8.8051
Support 3=>8.8018
If you like Click THANKS👍
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Calculation For Trading:
Resistance Level (R1): 8.950
Resistance Level (R2): 8.926
Resistance Level (R3): 8.903
Pivot Point: 8.879
Support Level (S1): 8.857
Support Level (S2): 8.833
Support Level (S3): 8.810
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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.
