{"id":21392,"date":"2011-04-06T03:08:11","date_gmt":"2011-04-06T07:08:11","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=13798"},"modified":"2011-04-06T03:08:11","modified_gmt":"2011-04-06T07:08:11","slug":"usd-may-see-bullish-reversal-against-nok","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/04\/06\/usd-may-see-bullish-reversal-against-nok\/","title":{"rendered":"USD May See Bullish Reversal Against NOK"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/12.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>After tumbling throughout the last week, technical indicators are now showing that the USD\/NOK may be due for an upward correction.   As we will see, now may be a good time for traders to open long positions for some potentially significant profits.<\/p>\n<p><span id=\"more-13798\"><\/span>\u2022\tBelow is the daily chart of the USD\/NOK currency pair, provided by Forexyard.<\/p>\n<p>\u2022\tThe technical indicators used are the Slow Stochastic and Williams Percent Range.<\/p>\n<p>\u2022\tPoint 1:  There is a \u201cdoji\u201d candlestick that has formed on the chart, indicating that a reversal could take place in the near future.<\/p>\n<p>\u2022\tPoint 2: The Slow Stochastic has recently formed a bullish cross, signaling that the next move may be in the upward direction.<\/p>\n<p>\u2022\tPoint 3: The Williams Percent Range signals that the price of this pair is currently floating in the over-sold territory, indicating that upward pressure exists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> After tumbling throughout the last week, technical indicators are now showing that the USD\/NOK may be due for an upward correction.   As we will see, now may be a good time for traders to open long positions for some potentially significant profits.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-21392","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21392","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=21392"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/21392\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=21392"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=21392"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=21392"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}