NOK JPY : Huge Off Lows & Thumping LONG right now
NOK JPY bounced off its lows very recently & broke out from its oversold condition.
It then made a Fib retracement & demand just got bigger for the long trade on this.
Standby below and I will work out a Stop Loss. Longer term trade here.
Trade Alert: NOKJPY Pair Analysis and SignalDirection: Sell
Enter Price: 13.596
Take Profit: 13.49333333
Stop Loss: 13.79033333
We are issuing a trade signal to sell the NOKJPY pair at an entry price of 13.596. The take profit level has been set at 13.49333333 and a stop loss has been placed at 13.79033333. This analysis has bee
Keep shorting Looks like we're in for swipe 2 to the downside. Keep shorting. MACD hist. is also pointing downwards, so we have a bearish convergence here.
NOKJPYIn the 4-hour timeframe, a bullish signal emerged as the 13 Exponential Moving Average (EMA) crossed above the 5 EMA, indicating potential upward momentum in the currency pair. However, caution is advised due to the Trade Development Index's Fast Moving Average (Fast MA) surpassing 20, suggesting ov
NOKJPY ShortNOKJPY cannot make a new higher high and it hits resistance level, so we can look for short order.
Good luck.
Stopping loss is necessary. Always keep it with your all trades.
NOKJPY | Daily Outlook | Trade IdeaLooking at the Norwegian Crone/Japanese Yen (NOKJPY) daily chart we can see that it has been ranging for a while after bouncing of our key price level at 12.250 a few months back and has been consolidating since then after failing to break above 12.880.
Now looking to the right we can see that NOKJ
NOKJPY Watch price action for sell Hi there,
NOKJPY is setting up for short.
Watch MAs and look for short.
Good Luck
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of JPYNOK is 0.072383 NOK — it has decreased by −0.44% in the past 24 hours. See more of JPYNOK rate dynamics on the detailed chart.
The value of the JPYNOK pair is quoted as 1 JPY per x NOK. For example, if the pair is trading at 1.50, it means it takes 1.5 NOK to buy 1 JPY.
The term volatility describes the risk related to the changes in an asset's value. JPYNOK has the volatility rating of 1.14%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The JPYNOK showed a −1.14% fall over the past week, the month change is a 1.73% rise, and over the last year it has increased by 0.14%. Track live rate changes on the JPYNOK chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
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When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with JPYNOK technical analysis. The technical rating for the pair is sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the JPYNOK shows the sell signal, and 1 month rating is neutral. See more of JPYNOK technicals for a more comprehensive analysis.