USD/NOK
USDNOK10.46500NOK
Today
+0.04%
5 Days
-2.88%
1 Month
-0.68%
6 Months
-4.14%
Year to Date
-7.81%
1 Year
-5.14%
Key Data Points
Opening Price
10.45484Previous Closing Price
10.4598Indicators
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.
USD/NOK Trading Strategy
Trading Strategy
Our preference: the downside prevails as long as 10.5870 is resistance.
Alternative scenario
above 10.5870, look for 10.6350 and 10.6640.
Comment
the downside prevails as long as 10.5870 is resistance.
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.
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.
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.
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.
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.
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.
More Details of USD/NOK
