- The Norwegian Krone rose, drifting further away from all-time trough recorded last week despite soft industrial confidence data.
- Norway's industrial confidence indicator declined to 2.5 in the third quarter, the weakest since the March quarter 2017, from a downwardly revised 5.1 in the previous period.
- USD/NOK trades 0.3 percent down at 9.1306, having touched a record high of 9.2107 on Thursday.
- Momentum indicators are bearish on hourly charts - RSI is weak at 30.73, MACD support downside and Stochs are biased lower.
- Immediate resistance is located at 9.1815 and a close above could take it till 9.2050.
- On the downside, support is around 9.1070 (20-EMA), break below could take it till 9.0824.
Recommendation: Good to sell on rallies around 9.1513, with stop loss at 9.1815 and target price of 9.1070.


FxWirePro: EUR/AUD gaining momentum for a move towards 1.6800 level
FxWirePro: USD/JPY firms as Trump's address on Gulf war spark fresh concerns
FxWirePro: EUR/AUD eases slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro: USD/ZAR sustains gains as uptrend remains strong
FxWirePro: GBP/USD recovers but bears are not done yet again
Bitcoin Battles Volatility: Institutional Support Eyes USD 64,000 Floor Amid Geopolitical Tensions
FxWirePro: GBP/NZD remains buoyant, looks to extend gains
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
Euro Retreats as Geopolitical Tensions Surge: EURUSD Eyes 1.1400 Floor Amid Safe-Haven Demand
FxWirePro: AUD/USD downside pressure builds, key support level in focus
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/ NZD steadies around 2.0150, retains bid tone
Aussie Retreats Against the Yen: AUDJPY Bears Target 108 as 110 Resistance Holds Firm
FxWirePro: GBP/NZD range to extend until there is game changing news 



