Bullish price-indicator crossover in USD/NOK

A bullish crossover between the USD/NOK current rate and its 200-hour SMA has been detected.

The ascending USD/NOK price finds itself en route to the 800-SMA, which carries an equal resistance to the 200-SMA on 4hr charts. Such a price-indicator cross has not occurred at least for a week on this time frame, highlighting its significance.

EUR/USD supported at 1.1689/1.1520 – Commerzbank

Karen Jones, Head of FICC Technical Analysis at Commerzbank, noted EUR/USD appears supported in the 1.1689/1.1520 area for the time being. Key Quotes
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