U.S. Dollar/Norwegian Krone USDNOK

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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.


JohnSp JohnSp USDNOK, 240, Long ,
51 8 2
USDNOK, 240 Long
USDNOK(4hr chart). Bullish Crab, 50(w) sma.

USDNOK(4hr chart). Bullish Crab, 50(w) sma.

Steffro Steffro USDNOK, 1D, Short ,
52 0 3
USDNOK, 1D Short
More Norwegian stuff

Short target: 7.35NOK When: 2. May 2019 Why: - Gann lines and the global support level crosses this point. - Arc 4 is done, arc 5 is the next one. - Wave 4 is done, wave 5 is the next one. - The volume is descending currently (From when the wedge pattern started). Forecast: - It will rise quickly after beginning of May 2019 and break through the wedge (around ...

12 0 3

could make second leg for entry

NurlanAvazli NurlanAvazli USDNOK, 240, Short ,
20 0 2
USDNOK, 240 Short
Bearish USDNOK

Due to mainly DXY weakness and head&shoulders pattern, I shorted this pair in the morning. My stop is at 8.1 and my target is below 7.8.

Daemonicus Daemonicus USDNOK, 60, Short ,
42 0 1
USDNOK, 60 Short
Nice Short On USDNOK

I believe this will be a nice short. This trade is just for my reference and practice. Trade your own strategy...

46 0 3
USD/NOK 1H Chart: Bearish in medium term

USD/NOK is trading in a long-term ascending channel. The rate bounced off its upper boundary at 8.33—its highest position in 2018 - late in May. Subsequently, the US Dollar initiated a new wave down towards the other senior channel line located circa 7.90. This bearish movement was stopped by the monthly S1, the 50.00% Fibonacci retracement and the 55– and ...

aandp4life aandp4life USDNOK, 1D, Short ,
9 0 1
USDNOK, 1D Short
Sell USD Buy NOK

Use 8.139 top of green as resistance Head and Shoulder pattern Sell to 8.073 fair value on ichi Stoch confirm demand zone reversal MACD flat showing short term consolidation before breakout R/R 1.27 T/P 8.077 What goes up must come down!... not all the time in the markets tho' ;) Any takers?!

Nshan Nshan USDNOK, 240, Short ,
107 0 4
USDNOK, 240 Short
USDNOK Short from 8.19472

Good Morning World, followers & Students. I wish you all a happy week of trading, success & moving forward. let us talk about business: As we can see here, USDNOK is forming the right shoulder, also reaching 61.8% fib "my favorite" :) Also a good resistance line is ready to reject the price. Set your SL's above 8.33000 and hope for the best. Good Luck Nshan

xChampi0nx xChampi0nx USDNOK, 1D, Long ,
23 0 1
Watch that USDNOK son!!

Next week's trade setup. We'll see

InvestingScope InvestingScope USDNOK, 1D, Long ,
36 0 1
Head and Shoulders on 4H. Long.

USDNOK has tested the support zone on a potential 4H Head and Shoulers pattern (RSI = 33.821, MACD = -0.021, Highs/Lows = -0.0123). It is now in the process of forming the right shoulder. We go long: TP 8.12285.

42 0 4
USDNOK may continue the correction.

USDNOK passible markup

ikeel ikeel USDNOK, 120, Long ,
13 0 1
USDNOK, 120 Long
OPEN USDNOK daily trade

The buy zone is between the the green and red lines. It's recommended to limit buy close to the green line, in order to guarantee the position. The red line is about 2500 pips below the green line, and acts as the stop-loss level. There is no target price yet. This trade will be monitored once every evening. If there is no update, it means the trade is still ...

39 0 2
USDNOK possible markup

USDNOK It seems that the correction has become more complicated, and took the form of a triple zigzag. WX≈YXX

42 0 4
USDNOK possible markup

USDNOK possible markup

dimitrisss27 dimitrisss27 USDNOK, 1D, Short ,
28 0 3
USDNOK, 1D Short


RobertSoos RobertSoos USDNOK, W, Short ,
57 0 1
USDNOK kissed top of downward channel, opportunity to sell high

Pros: Fundamental view: USDNOK spot price overvalued by 42% (Citi's WERM model based on Real Effective Exchange Rates) Technical: - Top of downward D1 channel - Big shadow on D1 candle Cons: - ahead of NFP data (big volatility) - retail traders position: 76% are short on USDNOK

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