- Analytics
- News and Tools
- Market News
- EURNOK could unfold an extended up move on a break past 10.68/10.71 – SocGen
EURNOK could unfold an extended up move on a break past 10.68/10.71 – SocGen
EURNOK’s rebound have so far stalled near graphical levels of 10.68/10.71. A move beyond here would open up projections at 10.86 and 10.97, economists at Société Générale report.
Initial support aligns at 10.25
“Daily MACD is above its trigger and has entered positive territory denoting prevalence of upward momentum.”
“A retest of 10.68/10.71 is not ruled out. If a crossover materializes, EURNOK could unfold an extended up move towards 10.86 and projections of 10.97.”
“First support is at 10.25.”
See – EURNOK: Volatility will be the name of the game next year – ING
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
