FX: What usually happens ahead of US curve inversions? – Nordea Markets

Martin Enlund, Research Analyst at Nordea Markets, suggests that if the recent flattening pace continues, the US yield curve might invert by early 2019. Key Quotes “Even if the curve inverts early next year, it usually takes 18 months until a recession follows.” “So let's no ...

NOK: Best performer? – Rabobank

Jane Foley, Senior FX Strategist at Rabobank, points out that the NOK is the best performing G10 currency in the year to date and a significant source of support was the surprise change in the Norges Bank’s forward guidance in December.  Key Quotes “Consequently its January 2 ...

USD/NOK sticking to tight trading ranges

The USD/NOK hourly chart is not very telling: the pair lacks price direction and also volatility.Notice the 50-SMA has slipped between the 200- and the 800-period SMAs, denoting an absence of a strong trend. The ADX tracking below 30 at the moment signals the same sideways condition.The prospec ...

USD/NOK sitting flat right now

The following USD/NOK set-up, outlined from an hourly perspective, consists of a weakening technical structure accompanied by very low volatility. Recent trading has been happening below the 50 exponential moving average, a bearish condition which, should it persist, would make more SAR indicato ...

USD/NOK sees its volatility dampen

USD/NOK is climbing the charts consistently while exhibiting a very low volatility.USD/NOK currently trading well above the 50-EMA, radiates its bullish condition. But at the same time, as outlined from an hourly perspective, it has shrunk its intraday volatility to a minimum not seen for over ...

USD/NOK MACD higher lows indicates upside ahead

A run of USD/NOK MACD higher highs and lows, could imply a shift in sentiment ahead.In recent weeks, the pair has suffered declines, but in the short term at least, we could experience a move to bullish sentiment. This is highlighted by the MACD posting higher highs and lows on the 4-hour chart. A ...

USD/NOK remains a wild card

Bollinger Bands® on USD/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 ...

USD/NOK is oversold on several parameters

The standout technical signal on a USD/NOK 4hr chart is a plunge of the RSI below its 25% threshold.At the same time, negatively aligned 50- and 200-period moving averages point at a continued USD/NOK depreciation, with recent declines locking the RSI below the 50% mark. Worth mention is the 70 ...

USD/NOK momentum is supportive for attempt higher

On the 4hr USD/NOK chart, the MACD has moved above zero making the near-term structure supportive for an attempt higher.Such a momentum indication, unseen for at least for 30 periods, indicates that key price breaks are on the horizon. There is a real threat of USD/NOK rate moving now considerabl ...

Bullish price-indicator crossover in USD/NOK

A bullish crossover between the USD/NOK current rate and its 200-hour SMA has been detected.The ascending USD/NOK price finds itself en route to the 800-SMA, which carries an equal resistance to the 200-SMA on 4hr charts. Such a price-indicator cross has not occurred at least for a week on thi ...

USD/NOK shows indecisive pattern

Trend momentum has stalled with the emergence of a Northern doji pattern on the USD/NOK weekly chart.This candlestick pattern usually changes the market's short-term trend from up to neutral, but with the RSI above 60% on this time interval, the likelihood of a reversal from overbought territor ...

USD/NOK is oversold on several parameters

The standout technical signal on a USD/NOK 4hr chart is a plunge of the RSI below its 25% threshold.At the same time, negatively aligned 50- and 200-period moving averages point at a continued USD/NOK depreciation, with recent declines locking the RSI below the 50% mark. Worth mention is the 70 ...

USD/NOK MACD higher lows indicates upside ahead

A run of USD/NOK MACD higher highs and lows, could imply a shift in sentiment ahead.In recent weeks, the pair has suffered declines, but in the short term at least, we could experience a move to bullish sentiment. This is highlighted by the MACD posting higher highs and lows on the 4-hour chart. A ...

USD/NOK is oversold on several parameters

The standout technical signal on a USD/NOK 4hr chart is a plunge of the RSI below its 25% threshold.At the same time, negatively aligned 50- and 200-period moving averages point at a continued USD/NOK depreciation, with recent declines locking the RSI below the 50% mark. Worth mention is the 70 ...

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