Archive for Tag: HOW TO TRADE FOREX?

USDNOK Technical Analysis

USDNOK Technical Analysis, Forecast and Trade Signals

USDNOK Technical Analysis: Weekly Chart In the weekly charts, USDNOK is trading in an up channel. USDNOK is currently trading above all SMA. RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 9.3790 & the resistance level is...

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USDNOK Technical Analysis

USDNOK Technical Analysis, Trade Ideas and Trade Signals

USDNOK Technical Analysis: Weekly Chart In the weekly charts, USDNOK is trading in an up channel. USDNOK is currently trading above all SMA. RSI is in the buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness. Its immediate support is 9.3827 & the resistance level...

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EUR/NOK WEEKLY TECHNICAL ANALYSIS & SIGNALS

EURNOK Technical Analysis: Weekly Chart In the weekly charts, EURNOK is trading in down channel. It is trading below all SMA. The immediate support is 9.4436 & the resistance level is at 9.6495. EURNOK is trading in the down channel until there is a trend reversal. EURNOK Technical Analysis:...

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Technical Analysis

EURNOK: WEEKLY SCENARIO – 10 February 2022

EURNOK Technical Analysis: Weekly Chart In the weekly charts, EURNOK is trading in a down channel. It is trading below 50 and 100 days SMA & above 20 days SMA. The immediate support is 9.9481 & the resistance level is at 10.1497. EURNOK is trading in the down-channel until...

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Technical Analysis

EURSEK: WEEKLY SCENARIO – 08 February 2022

EURSEK Technical Analysis: Weekly Chart In the weekly charts, EURSEK is trading in an up channel. It is trading above all SMA. The immediate support is 10.3825 & the resistance level is at 10.4899. EURSEK is trading in the up channel until there is a trend reversal EURSEK Technical...

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USDNOK Technical Analysis

Forex – USDNOK: Weekly Scenario

USDNOK Technical Analysis: Weekly Chart In the weekly charts, USDNOK is trading in an up channel. It is trading above 20 and 50 days SMA & below 100 days SMA. The immediate support is 8.8558 & the resistance level is at 9.0447. USDNOK is trading in the up channel...

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WHAT IS A FOREX? & HOW TO TRADE FOREX?

WHAT IS A FOREX? Forex is the marketplace where various world currencies are traded. The forex market is the largest and is the easiest to liquidate within the world, with trillions of dollars changing hands a day. there’s no centralized location, rather the Forex market is a network of...

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HOW TO TRADE FOREX USING FUNDAMENTAL INDICATORS?

INFLATION Inflation is a sustained increase in the amount of currency in circulation – which in turn increases the price of goods and services. With this in mind, inflation is one of the most important of all Forex fundamental indicators, as it demonstrates how healthy an economy is. It...

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