empty
 
 
31.08.2015 12:41 PM
Technical analysis of USD/NOK for August 31, 2015

This image is no longer relevant

Technical outlook and chart setups:

The USD/NOK seems to have completed the fourth wave around the 7.3000 levels earlier and has been on its wave 5 (within the larger 3rd wave structure) towards the 8.8000 levels. As seen on the weekly chart view here, the rally that begun in 2008, is in its last leg of the larger wave 3, which could end around the 8.8000 levels before it produces a meaningful correction. It is recommended to hold long positions if taken earlier and also look to add on dips around the 8.000 levels again. Immediate support is seen at the 8.000 levels and lower, while resistance is seen at the 8.8000 levels and higher respectively.

Trading recommendations:

Remain long for now and also add further on dips towards the 8.000 levels, stop is at 7.9000, target is 8.8000.

Good luck!

Ringkasan
Urgensi
Analitik
InstaForex Analyst
Mulai berdagang
Dapatkan keuntungan dari perubahan nilai mata uang kripto dengan InstaForex.
Unduh MetaTrader 4 dan buka perdagangan pertama Anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    GABUNG KONTES
  • Chancy Deposit
    Isi akun Anda sebesar $3000 dan dapatkan $6000 lebih banyak!
    Pada Desember kami mengundi $6000 dalam promo Chancy Deposit!
    Dapatkan kesempatan untuk menang dengan melakukan deposit sebesar $3000 pada akun trading Anda. Setelah memenuhi persyaratan ini, Anda telah menjadi partisipan promo.
    GABUNG KONTES
  • Trade Wise, Win Device
    Top up akun anda dengan dana minimal $500, daftar kontes, dan dapatkan peluang untuk memenangkan perangkat seluler.
    GABUNG KONTES
  • 30% Bonus
    Raih bonus 30% setiap kali anda top up
    DAPATKAN BONUS

Artikel yang direkomendasikan

Tidak bisa bicara sekarang?
Tanyakan pertanyaan anda lewat chat.
Widget callback