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Then on August 9 local time, the Office for National Statistics (ONS) will announce the preliminary reading of UK economic growth for the second quarter of 2019. Market consensus from Trading Economics estimates that John Bull's economy grew 1.4% YoY. Slowed slightly compared to the previous quarter by 1.8%. The slowdown in the UK economy has been seen from the Purchasing Manager's Index (PMI) data. In July, the IHS Markit / CIPS UK manufacturing PMI was at 48, the lowest in the past 6.5 years. "In July, we saw the manufacturing sector 'suffocated' because of the global economic slowdown.
Plus there is political uncertainty, "said Rob Dobson, Economist of IHS Markit, in a written statement. In addition to economic growth, investors should also look at the release of Chinese trade data on August 8.
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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 - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1. are buy based
Resistance 1 - Resistance 2 - Resistance 3. are target based
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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Usdnok
u.s. Dollar/norwegian krone
8.87739
nok
−0.00353 (−0.04%)
market closed (jan 10 16:59 utc-5)
8.88092
prev
8.88092
open
182.653k
volume
8.87112 — 8.91272
day's range
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Today i am going to discuss this pair..
results of analysis of using daily pivot point calculations
I see this pair still in strong bullish movement . If this pair keep moving to up side , I predict this pair will reach to the next resistance level,
maybe this pair will make some correction to the next high level.
Up trend is indicated from the Simple Moving Average and Bollinger Bands indicator . BUY position is better choice now, you can set target profit level
35 pips from current price
forex ke trading main yeh bhe ek great pair hai trading krne ke liye or new user ke liye tu yeh ek gift hai ap log agar es pair per watch kr ke trading
krte ho tu forex ke trading main es jesa koe or pair nh hai yeh ek great pair hai forex ke trading main watch kr ke trading kren tu best earning deta
hai yeh pair ,
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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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Today Market Trend is:Buy
Current position and previous position indicate the market going up
Support or resistance point be market k up honey ka ishara day raha hai
Is liya ham ko buy ki Trade laga dani chahiye
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market trend for this pair
technical indicator for analyzing :
Momentum : Bearish
Simple Moving Average : Bearish
Pivot points : Bearish
Ichimoku : Bearish
Resistance and Support points market ke nechay janay ke haq main hain. Sell ki trade profit de gi. Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye. I recommend this trading down trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.. If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading
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Today market trend:Sell
Resistance and Support points also given has signal of market down
Technical indicators and Moving average se bhi market down hoti nazar aati hai
Agar ap profit hasil karna chahte hain to sell ki trade laga dein
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SWEDISH KRONA, NORWEGIAN KRONE Q1 OUTLOOK
The Swedish Krona and Norwegian Krone may rise through Q1, 2020 amid a resurrection in market buoyancy as fundamental concerns are temporarily put on the back-burner. The demand for sentiment-linked assets like Nordic FX may continue to swell as upside pressure for anti-risk assets like the Japanese Yen and Swiss Franc are alleviated. Looking ahead, what are key macroeconomic themes traders should be watching?
