SubscribeThat said, with momentum pointing firmly lower on the daily, it could be worth seeking bearish setups on intraday timeframes after a period of consolidation. If prices can break beneath 73.66, the lows around 72.35 come into focus for bears.
Thread: Usd/nok
That said, with momentum pointing firmly lower on the daily, it could be worth seeking bearish setups on intraday timeframes after a period of consolidation. If prices can break beneath 73.66, the lows around 72.35 come into focus for bears.
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forex07 (2019-05-08), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
USD/NOK
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
ba33 (2019-05-08), forex07 (2019-05-08), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
I try to make analysis for eurgbp pair today.Usd/Nok
Recommendation Trend is :Buy
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :8.7613
2 Resistance level :8.7773
3 Resistance level :8.8034
Support level
1 Support level : 8.7091
2 Support level :8.6931
3 Support level :8.6670
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
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Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Usdnok
s3: 8.7247
s2: 8.7391
s1: 8.7455
pp: 8.7535
r1: 8.7599
r2: 8.7679
r3: 8.7823
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Kaka (2019-05-08), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Usd nok is going up and we can have a buy trade on this pair
Support and resistance levels:-
S3 8.7075
S2 8.7249
S1 8.7341
R1 8.7515
R2 8.7599
R3 8.7773
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Ahmad22 (2019-05-08), Kaka (2019-05-08), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Usd/nok is buy
Piviot Point is :8.7297
Resistance and supporting level is:
Resistance level is :
My Resistance is ,,,
Resistance level first: 8.7548
Resistance level 2nd : 8.7575
Resistance level 3rd: 8.7600
My support is,,,,,
Supporting level first: 8.7490
Supporting level 2nd: 8.7479
Supporting level 3rd:8.7468
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
forex07 (2019-05-07), Kaka (2019-05-08), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Moving Averages
SIMPLE EXP. WEIGHTED
MA (5) 8.7092 8.7116 8.7100
MA (10) 8.7158 8.7153 8.7126
MA (20) 8.7217 8.7216 8.7178
MA (50) 8.7344 8.7264 8.7290
MA (100) 8.7150 8.7169 8.7301
MA (200) 8.6882 8.6882 8.7037
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Kaka (2019-05-08), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
I try to make analysis for eurgbp pair today.Usd/Nok
Recommendation Trend is :Sell
Recommendation : Based on the charts and explanations above, we remain neutral for now awaiting more confirmations for the next move.
Resistance level
1 Resistance level :8.7450
2 Resistance level :8.7613
3 Resistance level :8.7814
Support level
1 Support level : 8.7089
2 Support level :8.6966
3 Support level : 8.6766
Don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
Regaerd :Kaka
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Usdnok
s3: 8.7132
s2: 8.7214
s1: 8.7254
pp: 8.7295
r1: 8.7336
r2: 8.7376
r3: 8.7458
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
JF2019 (2019-05-09), Shahzadahmed4850 (2019-05-09), zainm6050 (2019-05-09)
Usd nok is going down and we can have a sell trade on this pair
Support and resistance levels:-
S3 8.7132
S2 8.7214
S1 8.7254
R1 8.7336
R2 8.7376
R3 8.7458
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
zainm6050 (2019-05-09)
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