U.S. Dollar/Norwegian Krone USDNOK

 
     
 
     
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USDNOK Forex Chart

 

Technical Analysis Summary

USDNOK

USD NOK (US Dollar / Norwegian Krone)

The U.S. Dollar vs. the Norwegian Krone. The is the most popular pair to trade Norwegian currency. Oil prices and changes in interest rates greatly influence the Krone. Norway’s economy is highly dependent upon trade with the UK and Euro-Zone thus making it extremely sensitive to changes in those economies.

News

naynay97 naynay97 USDNOK, 60, Long ,
USDNOK: usdnok inverted h&s
16 0 0
USDNOK, 60 Long
usdnok inverted h&s

inverted H&S was shown in the 1hr timeframe of the pair so looking to buy above neckline

James1993 James1993 USDNOK, 60, Short ,
USDNOK: USDNOK - SHORT - SELL
18 0 1
USDNOK, 60 Short
USDNOK - SHORT - SELL

Bouncing off resistance as shown. NOTE: BE AWARE FOR NEWS AT 13:30 ON TUESDAY

Dukascopy Dukascopy USDNOK, 60,
USDNOK: USD/NOK 1H Chart: Triangle
16 1 2
USDNOK, 60
USD/NOK 1H Chart: Triangle

The US Dollar was depreciating against the Norwegian Krone for several weeks when this momentum downwards allayed, thus resulting in the formation of a descending triangle. The lowest point of the fall, t.i., the 7.7571 mark, is likewise the 2016/2017 low. The pair was also trading in a symmetrical triangle which was breached to the upside last week. The Greenback ...

dannyheine dannyheine USDNOK, 15, Short ,
USDNOK: USD NOK SHORT
37 0 3
USDNOK, 15 Short
USD NOK SHORT

Trade idea might become call option. Thanks ! :) Use at own risk mates NOT PROFESSIONAL

Trading_Jazz Trading_Jazz TOP USDNOK, 240, Short ,
USDNOK: (4h) Bearish With Nok ?
204 0 6
USDNOK, 240 Short
(4h) Bearish With Nok ?

FX:USDNOK https://uk.tradingview.com/chart/DXY/uYss8mns-24-Educational-charts/ Safe Trades;

jamiegleave jamiegleave USDNOK, W, Long ,
USDNOK: USD/NOK view
220 0 4
USDNOK, W Long
USD/NOK view

I suggest that traders short the Norwegian Krone against the USD for the following reasons: /dx has broken out of its ~2yr consolidation pattern amid Trump's fiscal stimulus promises and subsequent repricing of the Fed's hiking cycle in anticipation of higher US growth and inflation. NOK remains highly vulnerable to /cl as >50% of Norway's exports are ...

Trading_Jazz Trading_Jazz TOP USDNOK, 240, Short ,
USDNOK: (4h) Bears @ Vet
255 0 10
USDNOK, 240 Short
(4h) Bears @ Vet

FX:USDNOK https://www.tradingview.com/chart/EURUSD/23Jop8vm-Cypher-Pattern-Engagement-Rules-Educational/ https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/ Safe Trades;

Trading_Jazz Trading_Jazz TOP USDNOK, 240, Short ,
USDNOK: (4h) Bearish Gartley @127%
173 0 7
USDNOK, 240 Short
(4h) Bearish Gartley @127%

FX:USDNOK https://www.tradingview.com/chart/EURUSD/g7hC6VUR-Gartley-Pattern-Engagement-Rules-Educational/ Safe Trades;

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