EURNOK forex cross pair creating new imbalances

EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken an all-time high again after months. EURNOK is trying to recover from its worst drop in a few decades by creating new daily demand imbalances like the one you will see lower in this forex analysis. As explained in the previous EURNOK forex cross-pair analysis,...

EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken an all-time high again after months. EURNOK is trying to recover from its worst drop in a few decades. As explained in the previous EURNOK forex cross-pair analysis, we discussed the reasons why Norway’s Krone suffered the worst drop in half a century. Our supply...

EURNOK Forex cross pair (Euro versus Norwegian Krone) has broken an all-time high again after months. A previous monthly demand imbalance gained control last June 2018, and this cross-pair has been rallying ever since. Norway’s Krone forex pair forecast Why has Norway’s Krone suffered the worst drop in half a century? By doing a supply...

EURNOK Forex cross pair is rallying strongly, reacting to a prior weekly demand imbalance located around 9.60. There are new buy opportunities at a brand new weekly demand new demand imbalance created slightly higher around 9.66. There is a clear long-term long bias, so only longs at new demand levels is possible. Going short is...