当前位置: 首页 > 未分类 > EUR/NOK remains a wild card

EUR/NOK remains a wild card

By : Mex Group

EUR/NOK remains a wild card

14 September 2016, 01:02

Bollinger Bands® on EUR/NOK 1hr charts continue to reflect a volatile environment, but one with no dominant trend on higher time frames.

ADX tracks below 30 suggesting a sideways price action. Endorsing this view, the 50-period simple moving average is locked in-between the 200 and the 800-period SMAs. From a larger perspective the EUR/NOK still appears ranged sideways.

Traders may look for buy opportunities using divergences between price and oscillators, targeting the 800-SMA. A clear break of the 50-SMA below the 200 would switch the tone to bearish.

EUR/NOK 0001-01-01T00:00:00
0/0 (0%)
H0 L0

S3S2S1R1R2R3
9.2544202804565 9.2638702392578 9.2737703323364 9.2931203842163 9.3025703430175 9.3124704360961

Trend IndexOB/OS Index
Bullish Overbought