- The Norwegian Krone eased, hovering towards a near 2-week trough hit in the previous session ahead of inflation figures due tomorrow.
- Norway's inflation rate is expected to rise at an annualized rate of 1.6 percent, while on a monthly basis it is likely to increase 0.3 percent.
- USD/NOK trades 0.1 percent higher at 8.8701, having touched a high of 8.8806 on Wednesday, its highest since December 27.
- Momentum indicators are bullish on hourly charts: RSI strong at 60.80, MACD supports upside and Stoch are biased higher.
- Immediate resistance is located at 8.8930, and close above could take it till 8.957 (20-EMA).
- On the downside, support is around 8.8324 (10-DMA), break below could take it till 8.8038.
Recommendation: Good to buy on dips around 8.8620, with stop loss at 8.8403 and target price of 8.8930.


FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro:USD/JPY climbs back above 160.00 after BOJ rate decision
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD gains some ground but outlook is bearish
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 



