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USD/NOK
The US Dollar / Krone is the most popular pair to trade the Norwegian currency. The price of the Krone is influenced by changes in interest rates and oil prices. The pair saw a lot of volatility between 2002 and 2008 because of the changes in oil prices and the global financial crisis. Norway's economy largely benefits from trade, and a lot of that trade is done with the UK and the Euro-zone. Therefore, the Krone is significantly affected by changes in those economies.
My dear the technical analysis of this pairs and the trend of this pairs Usd/Nok is bearish.
The resistance and supporting level of this pairs Usd/Nok is very success today.
The following resistance and supporting level of this pairs is as under.
The resistance level of this pairs.
01. Resistance level is=8.70
02. Resistance level is=8.88
03. Resistance level is=9.05
The supporting level of this pairs.
01. Supporting level is=8.40
02. Supporting level is=8.28
03. Supporting level is=8.08
My own analysis For this pair USD/NOK
Pivot Point is 8.5327
Support 1 8.5294
Support 2 8.5253
Support 3 8.5220
Resistance 1 8.5368
Resistance 2 8.5401
Resistance 3 8.5442
Trade at your own risk
lack
/lak/Submit
noun
1.
the state of being without or not having enough of something.
"there is no lack of entertainment aboard ship"
synonyms: absence, want, need, deficiency, dearth, insufficiency, shortage, shortfall, scarcity, paucity, unavailability, scarceness, undersupply, deficit, scantiness, sparseness, meagreness, inadequacy, shortness, deprivation, destitution, privation, famine, drought, poverty, non-existence, rareness, infrequency, uncommonness; More
verb
The dollar consolidated recent gains and held below a near one-month high on Monday as higher U.S. Treasury yields boosted appeal for the greenback while the euro struggled to stay above 1.16 levels on the Italian budget concerns.
analysis of Usd/Nok
Bollinger Bands:sell
MACD:sell
Resistance and Supporting level is:
Pivot Point is : 8.5423
Resistance price is :
Resistance 1:8.5478
Resistance 2:8.5690
Resistance 3:8.5987
Supporting price is :
Supporting 1:8.5241
Supporting 2:8.5160
Supporting 3:8.4920
Usd nok is going down and we can have a sell trade on this pair
Support and resistance levels:-
S3 8.5166
S2 8.5247
S3 8.5292
R1 8.5373
R2 8.5409
R3 8.5489
Everyone made his stretigy by its own opinions. Some peoples used
fundamental approaches, some people used moving averages and other
then used supports and residences , who help him to make his stretigy .
technical analysis of Usd/Nok
Parabolic is : sell
Moving average:sell
Current price:8.4822
Pivot point:8.5052
Resistance and Supporting level :
1.Resistance level is : 8.4966
2.Resistance level is :8.5178
3.Resistance level is : 8.5598
1.Supporting level is : 8.4523
2.Supporting level is : 8.4110
3.Supporting level is :8.4003
Usd/nok:-
Today's signal:- buy
Current price:- 8.53771
T.P:- 8.60190
S.L:- 8.52113
Usd/Nok
Parabolic indicator is : sell
Current price is: 8.6244
1.Resistance level is : 8.6275
2.Resistance level is :8.6310
3.Resistance level is : 8.6425
1.Supporting level is : 8.6125
2.Supporting level is : 8.6030
3.Supporting level is :8.5920