Indicators
Indicators
Value
Direction
MACD(12,26,9)
-0.006
Sell
RSI(14)
44.883
Neutral
STOCH(KDJ)(9,3,3)
37.279
Buy
ATR(14)
0.130
Low Volatility
CCI(14)
-34.889
Neutral
Williams %R
69.052
Sell
TRIX(12,20)
-0.110
Sell
StochRSI(14)
100.000
Buy
USD/NOK
USDNOKView Detailed Chart
10.41671NOK
+0.02430+0.23%
Time
1m
15m
30m
1h
4h
D
W
Please select
Today
+0.23%
5 Days
-0.90%
1 Month
-0.89%
6 Months
-5.25%
Year to Date
-8.24%
1 Year
-5.43%
View Detailed Chart
Key Data Points
Opening Price
10.3857Previous Closing Price
10.39241Indicators
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.
Sell
Moving Average
Indicators
Value
Direction
MA5
10.379
Buy
MA10
10.396
Buy
MA20
10.546
Sell
MA50
10.658
Sell
MA100
10.962
Sell
MA200
10.891
Sell
USD/NOK Trading Strategy
Intraday
Short Term
Trading Strategy
Alternative scenario: the downside breakout of 10.3710 would call for 10.3240 and 10.2950.
Alternative scenario
the downside breakout of 10.3710 would call for 10.3240 and 10.2950.
Comment
the upside prevails as long as 10.3710 is support.
49 minutes ago
Source: Trading Central(Reference Only)
USD/NOK News
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
EUR/NOK fails to hold breakout – Societe Generale
EUR/NOK's recent breakout attempt above 12.05 was short-lived, as strong resistance pushed the pair back into its consolidation range. Key support at 11.68 now becomes critical for the near-term outlook, Societe Generale's FX analysts report.
FxstreetThu, Apr 10
NOK: Vulnerable to the liquidity shock – ING
After the Australian dollar, the Norwegian krone has been the worst-performing G10 currency over the last week, ING's FX analyst Chris Turner notes.
FxstreetMon, Apr 7
Norges Bank to stand pat for the time being – Commerzbank
As we expected, Norges Bank left the policy rate unchanged last week. After all, the interest rate path from December did not necessarily imply an interest rate cut in March.
FxstreetWed, Apr 2
EUR/SEK can drift down to the 11.15 area – ING
Even though EUR/USD is range-bound, we are starting to see some decent moves lower in EUR/SEK and EUR/NOK, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
FxstreetTue, Feb 11
NOK: Rallying natural gas prices keep NOK bid – Danske Bank
Yesterday's inflation print out of Norway surprised slightly to the topside which alongside the rally in natural gas prices has kept NOK bid in the early parts of this week, Danske Bank's FX analysts report.
FxstreetTue, Feb 11
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.
