U.S. Dollar/Norwegian Krone

USDNOK

Although there is a slight discrepancy between the near term and longer term time outlook, upside potential is enough for some aggressive buying strategies. The 420-minute intraday chart below shows the contours of a new ABC recovery or perhaps even a new impulse wave targeting 17.9760 (conservative) and 8.1150. Both targets are well below the key weekly ...

Fibo 38,2 Support Area + Ress->Supp

USDNOK setups long (1h timeframe)

Long

We can long USD NOK and target 7.90 TP1 and 8.05 TP2

USDNOK Buy Idea @Daily Demand Zone (7.71329 - 7.63696) Buy Limit: 7.71508 Stop Loss: 7.62978 Take Profit: 7.83272

not a trade call

USD/NOK Short opportunity.

The US Dollar has appreciated substantially against the Norwegian Krone this week. The pair shot up 2.82% in just one session, thus moving away from the 2016/2018 low of 7.64 and confirming one more time a downward-sloping trend-line circa 7.8820. The pair has since edged slightly lower in order to ease from the aforementioned daily surge. It is likely that the ...

USDNOK long opportunity.

*not a trade call*

Candle de muita força compradora (eclipse), preço corrigiu até nível de 68.1% de Fibonacci já rompendo bandeira.

A repeat of the 8.40 level test is highly possible now. The strong bounce to the upside after breaking the Sep'17 low during February and with a slow pullback is surely a welcome indicator for a reversal. I would like to see the price to break up strongly above 7.75 to initiate any long position trade. Please visit my website for other new ideas.

Hello Traders! USDNOK ihas finalized the small corrective channel, and is breaking out. Good pair to Long for low risk high reward trade. I am in from the bottom with limit orders.. more entries can be during breakout

Speculation that leading Oil producers Iran and Saudi Arabia, could be at odds over a target price, may help drive volatility in the coming months. How would the Norwegian economy, specifically the Krone react to such a situation? The above chart highlights the correlation between the Oil Price and the USDNOK currency cross. Trading Forex / CFDs is High Risk.

USDNOK H4 bullish cypher

Hello fellow traders! Today we are excited to share with you our USD/NOK trade! Double bottom has formed on the daily, we've broken up with good volume and seem to be going bullish. Stops below our double bottom, and take profits at fibonacci levels. Cheers!

Although many resistance levels were passed on other US Dollar's pairs during the fundamental surge of the Buck generated testimony of the Chairman of the Federal Reserve Jerome Powell., the USD/NOK pair’s resistance has held its ground. Namely, the resistance of the large scale pattern, which represents the pair’s decline since late 2017, has held its ground. ...