- The Norwegian Krone retreated from an all-time peak following the release of inflation data.
- Norway's Consumer Price Index increased 0.50 percent in September over the previous month, while core consumer prices increased 2.20 percent in September over the same month in the previous year.
- USD/NOK trades 0.4 percent down at 9.1395, having touched a record high of 9.1815 earlier.
- Momentum indicators are bearish - Stochs are biased lower.
- Immediate resistance is located at 9.1920 and a close above could take it till 9.2041.
- On the downside, support is around 9.1159 (10-DMA), break below could take it till 9.0748 (7-EMA).
Recommendation: Good to sell on rallies around 9.1660, with stop loss at 9.1920 and target price of 9.1159


FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro: GBP/USD rises as soft US data pressures dollar
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: AUD/USD gains some ground but outlook is bearish
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



