Today
-0.12%
5 Days
-2.30%
1 Month
-3.33%
6 Months
-7.84%
Year to Date
-13.29%
1 Year
-7.25%
Opening Price
9.83358Previous Closing Price
9.85538The 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.
The configuration is positive.
below 9.8561, expect 9.8217 and 9.8012.
the upside prevails as long as 9.8561 is support
EUR/NOK is testing a major resistance zone near 12.06/12.13, with past attempts to break higher unsuccessful, leaving 11.73 as the key level to watch on the downside, Société Générale's FX analysts note.
Scandinavian currencies should also do well if geopolitical risk is priced out, with Sweden's krona likely better positioned than Norway's krone due to opposite exposures to energy prices, ING's FX analyst Francesco Pesole notes.
Norway released June CPI figures this morning, ING's FX analyst Francesco Pesole notes.
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.
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
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.
