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CHF/SGD 1H Chart: Channel Up

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 15, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    EUR/NOK 1H Chart: Ascending Triangle Comment: Despite the recent inability of EUR/NOK to push through resistance at 9.5950 the outlook on the currency pair is strongly bullish. The main argument is that the price has formed an ascending triangle after a run from 9.10. Additionally, the longer-term technical indicators are mostly pointing upwards, and the Euro is oversold—72% of open positions in SWFX market are short at the moment. Accordingly, EUR/NOK is expected to close above 9.5950 and

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