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USD/NOK

USDNOK
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9.200USD

-0.103-1.11%
View Detailed Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

-1.11%

5 Days

-0.79%

1 Month

-2.94%

6 Months

-9.33%

Year to Date

-8.60%

1 Year

-11.20%

View Detailed Chart

Key Data Points

Opening Price

9.257

Previous Closing Price

9.304
Price Range of the Day
9.1849.316
52-Week Price Range
9.18410.470

Indicators

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.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Sell
Sell(10)
Neutral(2)
Buy(0)
Indicators
Sell(4)
Neutral(2)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
0.010
Neutral
RSI(14)
35.538
Neutral
STOCH(KDJ)(9,3,3)
30.920
Sell
ATR(14)
0.092
High Vlolatility
CCI(14)
-148.744
Sell
Williams %R
90.684
Oversold
TRIX(12,20)
-0.137
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(6)
Neutral(0)
Buy(0)
Indicators
Value
Direction
MA5
9.263
Sell
MA10
9.269
Sell
MA20
9.308
Sell
MA50
9.505
Sell
MA100
9.654
Sell
MA200
9.865
Sell

USD/NOK Trading Strategy

Intraday
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 9.2962, look for 9.3262 and 9.3441.

Comment

the downside prevails as long as 9.2962 is resistance

Fri, May 8
Source: Trading Central(Reference Only)

USD/NOK News

NOK: Norges Bank hikes as inflation stays sticky – Nomura

Nomura's research analysts report that the central bank of Norway, Norges Bank unexpectedly raised its policy rate by 25bp to 4.25% in May, citing frustration with sticky underlying inflation and a need to preserve credibility after earlier guidance.

FxstreetThu, May 7
Nomura's research analysts report that the central bank of Norway, Norges Bank unexpectedly raised its policy rate by 25bp to 4.25% in May, citing frustration with sticky underlying inflation and a need to preserve credibility after earlier guidance.

NOK: Norges Bank seen hiking and guiding higher – Danske Bank

Danske Research Team expects the central bank of Norway, Norges Bank to raise its policy rate by 25bp to 4.25% at the interim meeting, arguing there is little reason to delay given earlier hawkish signals.

FxstreetThu, May 7
Danske Research Team expects the central bank of Norway, Norges Bank to raise its policy rate by 25bp to 4.25% at the interim meeting, arguing there is little reason to delay given earlier hawkish signals.

EUR/NOK: Norges Bank stance supports gradual downside – Commerzbank

Commerzbank’s Antje Praefcke expects Norges Bank to keep rates at 4.0% but maintain a distinctly hawkish tone compared with the Riksbank. With Norwegian inflation above target, the bank projects one or two hikes by year-end and may act in June if Iran-related risks persist.

FxstreetWed, May 6
Commerzbank’s Antje Praefcke expects Norges Bank to keep rates at 4.0% but maintain a distinctly hawkish tone compared with the Riksbank. With Norwegian inflation above target, the bank projects one or two hikes by year-end and may act in June if Iran-related risks persist.

NOK/SEK: Diverging Nordic paths versus energy – BNY

BNY’s Bob Savage argues that the central bank of Norway, Norges Bank’s bias to tighten, driven by domestic and energy-related strength, is largely priced and may not extend Norwegian Krone (NOK) gains.

FxstreetMon, May 4
BNY’s Bob Savage argues that the central bank of Norway, Norges Bank’s bias to tighten, driven by domestic and energy-related strength, is largely priced and may not extend Norwegian Krone (NOK) gains.

NOK: Norges flows to cap upside – BNY

BNY’s Geoff Yu expects a challenging near-term backdrop for Norwegian Krone (NOK) despite solid Norwegian fundamentals and potential Norges Bank tightening.

FxstreetThu, Apr 30
BNY’s Geoff Yu expects a challenging near-term backdrop for Norwegian Krone (NOK) despite solid Norwegian fundamentals and potential Norges Bank tightening.

NOK: Re‑rating seen largely complete after strong run – BNY

BNY’s Bob Savage highlights that earlier supportive flows into the Norwegian Krone from energy prices and hawkish Norges Bank policy are now fading. Commodity FX momentum is softening, with NOK seeing outflows as hedge demand unwinds and policy expectations peak.

FxstreetFri, Apr 24
BNY’s Bob Savage highlights that earlier supportive flows into the Norwegian Krone from energy prices and hawkish Norges Bank policy are now fading. Commodity FX momentum is softening, with NOK seeing outflows as hedge demand unwinds and policy expectations peak.

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.

Related Instruments

USD/NOK

9.200
-0.103-1.11%
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