ijayakumar's Blog

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EURNOK setting up for high ahead of NOK unemployment data

At last EURO is showing some consecutive green candles and Norway's Unemployment data expectation triggering it to sell. Please find the analysis of 4HR chart of EURNOK,
As the chart shows, after contracting the price action in small range, this pair is slowly showing upside with consecutive green candles. If the pace picks up as expected, this pair is expected to hit the 9.24 price soon!
Happy trading everyone!
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EURNOK suggests a short term upside break

EURO has had a better day so far with Euro Index staying in positive till now. Keeping in aligned, when I analyze the EURNOK chart, I believe it is ready for a short bullish run to take some profit. Please find below the chart analysis,
As the chart shows, the price is started breaking the previous bearish move and soon it may take a short bullish run. It is better to enter the trade at 9.263 and TP 9.31. Happy trading!
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tdbatinkov avatar

did you open a position?

ijayakumar avatar

Ya, I lost some pips!

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