OctaFX | OctaFX Forex Broker
Open trading account

USD/NOK mid-term buyers gaining momentum

On the 4H USD/NOK chart, the MACD has moved above zero denoting an uptrend.

Such a momentum indication, unseen for at least for more that a week, indicates that key price breaks are on the horizon. Likely, momentum traders who had been waiting for this technical signal will likely try to push USD/NOK higher.

GBP/USD: where is next? - FXStreet

Valeria Bednarik, chief analyst at FXStreet noted that the British Pound flirted once again with the 1.5500 level against the greenback, helped by a bout of EUR selling which sent the EUR/GBP sharply lower.
Read more Previous

RBA minutes: Little change for near term policy path - ANZ

The minutes from the RBA’s October meeting released this morning suggested little change for the near term path for monetary policy, notes Felicity Emmett, Co-Head of Australian Economics at ANZ.
Read more Next
Start livechat