The EURO is set to potentially strengthen as investors start pricing in four interest rate hikes by the European Central Bank over the next 9 months. Friday's Inflation data will be closely watched by the markets, as any beat above forecasts will put pressure on the European central bank to react. If ECB policy makers start coming out and hinting Rate Hikes are...
EURNOK at a key level here. Watch to find out more.
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for EURNOK, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
EURNOK SELL ENTRY 10.1580 /// MODERATE 10% SL 10.17915 ( pips 221 ) TP 10.08605 ( pips 709 / RR 3.2 ) On 4H we have a solid contraction and we are pretty much at the top of it. RSI is at its highs too. On 1H we have a minor contraction supportin the sell idea with a decent rejection level. On the minute charts I see a reversal coming within this hour (in...