EUR/NOK has been in a consolidation pattern since early this month after breaking from Aug 24 highs at 9.55.
- Norges Bank has cut its benchmark rate by 25 bp at today's meeting, taking it to 0.75% from 1.0%
- The central bank has also left the door open to further rate cuts in the upcoming year, adding further pressure on the Krona
- Norway's growth is expected to slow further in Q4, weak oil-related production remains a big growth handicap, especially with oil prices so fragile
- Norwegian krone slumped post rate cut by Norges Bank, sending EUR/NOK to test fresh highs at 9.50
- Upward momentum in the pair intact, next stop for the bulls is at 9.5422 (Aug 25 highs), ahead of 9.5468 (Aug 26 highs)
- Supports on the downside are located at 9.3394 (Daily Kijun), 9.3341 (Daily Tenkan) and further below at 9.2526 (20 DMA)


FxWirePro: GBP/USD falls to two-week low on strong US jobs data
Sterling's Shine Fades: GBPJPY Sell-on-Rally Setup Targets 210.40 Breakdown
FxWirePro: EUR/ NZD consolidating around 1.9855, room for further gains
USD/CHF Retreats to Key Trend-Line Wall; Buy-Above-0.8000 Strategy Targets Sharp Rally to 0.8150
FxWirePro: GBP/USD hovers near three week low, bearish outlook remains
FxWirePro: GBP/AUD eases slightly but trend is still bullish
FxWirePro: AUD/USD holds narrow range, focus on near-term support
FxWirePro: NZD/USD gains slightly but bearish outlook remains
FxWirePro: USD/JPY holds firm despite concerns over possible currency intervention
NZD/JPY Bear Trap: Triple EMA Ceiling Blocks Relief Rally, Sellers Eye 90.50
AUDJPY Cracks Below 113: Bearish Breakdown Accelerates Toward 110.50 Target
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bearish Reversal Intact: Triple EMA Stack Signals Sell-on-Rallies Play Toward 90.50
EURJPY Bearish Dent Intact: Sell the Relief Rally Toward 183/182 Support
FxWirePro: GBP/NZD edges lower but bias is bullish
FxWirePro: USD/CAD bulls continue to hold the higher ground 



