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EUR/NOK mid-term buyers gaining momentum

On the 4H EUR/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 EUR/NOK higher.

NZD/USD extends minor-recovery towards 100-DMA

NZD/USD extends its downward spiral into a third-day on Monday, setting-off the week on a bearish note, as the markets ignored upbeat NZ business confidence data against the backdrop of lower commodities and a broadly stronger US dollar.
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USD/SEK MACD higher lows indicates upside ahead

USD/SEK MACD higher lows indicates upside ahead
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