Indicators
Indicators
Value
Direction
MACD(12,26,9)
0.032
Buy
RSI(14)
62.374
Neutral
STOCH(KDJ)(9,3,3)
78.619
Buy
ATR(14)
0.109
High Vlolatility
CCI(14)
135.683
Buy
Williams %R
19.019
Overbought
TRIX(12,20)
0.050
Sell
StochRSI(14)
93.596
Overbought
USD/NOK
USDNOKView Detailed Chart
10.29663NOK
-0.00523-0.05%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
-0.05%
5 Days
+2.03%
1 Month
+2.21%
6 Months
-8.98%
Year to Date
-9.30%
1 Year
-5.42%
View Detailed Chart
Key Data Points
Opening Price
10.31707Previous Closing Price
10.30186Indicators
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
Buy
Moving Average
Indicators
Value
Direction
MA5
10.228
Buy
MA10
10.173
Buy
MA20
10.158
Buy
MA50
10.100
Buy
MA100
10.283
Buy
MA200
10.711
Sell
USD/NOK Trading Strategy
Intraday
Short Term
Trading Strategy
The price could retrace.
Alternative scenario
below 10.2603, expect 10.2124 and 10.1839.
Comment
as long as 10.2603 is support look for 10.3910
3 hours ago
Source: Trading Central(Reference Only)
USD/NOK News
NOK: Hot core inflation takes August cut off the table – ING
Norway released June CPI figures this morning, ING's FX analyst Francesco Pesole notes.
FxstreetThu, Jul 10
Norges Bank surprised markets with a rate cut to 4.25%
On Thursday, Norway's central bank (Norges Bank) surprised markets by announcing a 25 basis point reduction in its policy interest rate to 4.25%, signalling the expectation of further cuts due to a more favourable inflation outlook. The cut was the first one since 2020.
FxstreetThu, Jun 19
Israel-Iran Clash Dims Treasuries & Dollar; Yen, Franc Defy Logic with Losses — Is Safe-Haven Paradigm Shifting?
TradingKey - Bank of America Securities analysts Alex Cohen and Mark Cabana reported that the market's reaction to the geopolitical tensions between Israel and Iran is redefining "safe haven": oil prices surged, stock markets fell, and traditional safe-haven assets such as U.S. Treasuries were sold
TradingKeyMon, Jun 16
EUR/NOK pulls back from multi-year highs – Société Générale
EUR/NOK is retreating after failing to break above the key resistance zone of 12.05–12.12, marking last year's highs. The pair has established a short-term floor near 11.43 but lacks momentum for a strong rebound.
FxstreetTue, Jun 10
EUR/NOK rejected at key multiyear resistance – Société Générale
EUR/NOK is retreating after a failed breakout above 12.05, with focus shifting to support near the 50-DMA and downside targets at 11.60 and 11.45, Société Générale's FX analysts note.
FxstreetThu, May 8
Norges Bank likely to delay cuts until June – Commerzbank
Although the Norwegian inflation figures for March look a little better again after the significant upward surprise at the beginning of the year, Norges Bank is still likely to wait until June before lowering the key rate, Commerzbank's FX analyst Antje Praefcke notes.
FxstreetTue, Apr 15
More Details of USD/NOK
USDNOK refers to the exchange rate between the US Dollar (USD) and the Norwegian Krone (NOK). This currency pair is significant for international trade and investment, particularly due to Norway's strong economy, which is heavily influenced by its oil exports. The value of USDNOK is affected by various factors, including economic indicators from both the United States and Norway, interest rate policies, commodity prices (especially oil), and broader geopolitical events. Traders and investors closely monitor this pair to gain insights into economic trends and market dynamics in the Nordic region.
What are the risks associated with trading USDNOK?
Trading USDNOK involves risks such as currency volatility, fluctuations in oil prices, and economic instability in Norway. Traders should also consider geopolitical events and the impact of global market sentiment on the currency pair.
What role do oil prices play in USDNOK?
As a major oil exporter, Norway's economy is closely tied to oil prices. Rising oil prices typically strengthen the NOK against the USD, while falling oil prices can lead to a depreciation of the NOK.
Are there any costs involved in converting USD to NOK?
Yes, converting USD to NOK typically involves several costs:
Transaction Fees: Charged by the service provider for executing the transfer.
Conversion Fees: Additional fees for the currency conversion process.
Spread: The difference between the bid and ask prices for the currency pair, which is how financial institutions often make a profit on currency conversions.
It’s beneficial to compare the rates and fees of different service providers to find the most cost-effective solution for your transfer needs.
