FX Quantitative indicators: USD/NOK and USD/MXN may rally

by Alejandro Zambrano

Posted on March 23, 2017 at 14:06 PM

LondiniumFX meet with Zak Mir from TipTv Finance and we discussed the USDNOK and USDMXN, as our premium quantitative indicators are suggesting that the U.S. Dollar could gain vs. the Norwegian Krone and Mexican Peso in the next few days.

The indicators are bearish the Krone as the persistently soft crude oil prices have not triggered a significant decline and as Norway’s Central bank is keeping the door open for rate cuts in 2017. Watch the video to learn more.

 

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About the Author

Alejandro Zambrano

Alejandro Zambrano combines extensive professional experience and a common-sense attitude to offer LondiniumFX members a strategy that focuses on making fewer, smarter trades and building members’ understanding of the markets and the rationale behind investing. He is also the Global Chief Market Analyst with InvestingCube.com and ATFX UK. Before founding LondiniumFX in 2016, Mr. Zambrano was Head Analyst at FXCM’s London desk.