Usd/nok

Todays analysis for the pair Usd nok.

The trend is showing a bullish movement for this pair.

Buy signal for the hourly time frame.

Support levels:-

S1 8.6071
S2 8.6137
S3 8.6164

Resistance levels:-

R1 8.6231
R2 8.6271
R3 8.6337

Usd/Nok is bullish.

The resistance and supporting level of this pairs Usd/Nok is very success now.

The following resistance and supporting level of this pairs is as under.

The resistance level of this pairs.

01. Resistance level is=8.5642
02. Resistance level is=8.6205
03. Resistance level is=8.6500

The supporting level of this pairs.

01. Supporting level is=8.4782
02. Supporting level is=8.4485
03. Supporting level is=8.3922

Pair:- Usd nok
Signal:- Buy
I can see that the pair is showing support from the current market levels 8.53048. So, I recommend to buy this pair and can take the profit at level 8.60253.

sd/Nok is bearish.

The resistance and supporting level of this pairs Usd/Nok is very success now.

The following resistance and supporting level of this pairs is as under.

The resistance level of this pairs.

01. Resistance level is=8.6294
02. Resistance level is=8.6564
03. Resistance level is=8.6705

The supporting level of this pairs.

01. Supporting level is=8.5880
02. Supporting level is=8.5740
03. Supporting level is=8.5465

My dear the technical analysis of this pairs and the trend of this pairs Usd/Nok is bullish.

The following resistance and supporting level of this pairs is as below.

The resistance level of this pairs.

R1...…..8.60
R2...….8.76
R3...….8.88

The supporting level of this pairs.

S1...…...8.38
S2...…..8.27
S3...….8.14

Currency pair is : Usd/Nok


Current price:8.5694

pivot point :8.5377

Moving average:buy

volume Oscillator:buy


Resistance level of this pair is:

1# Resistance is: 8.5764
2# Resistance is: 8.5942
3# Resistance is: 8.6123

Supporting level of this pair is :

1# Supporting is: 8.5412
2# Supporting is: 8.5230
3# Supporting is: 8.4902

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

The next meeting of the central bank of Norway (Norges bank) will be held on March 21, 2019. Is there a possibility for the Norwegian krone to strengthen?

On the USDNOK chart, it looks like a downward movement. Market participants expect a rate hike by the Norwegian central bank amid high inflation of 3% in February of the current year. Since June 2018, it has exceeded the target level of 2.5%. Let us note that Norges Bank, for the first time in the last 7 years, announced a possible rate hike in March 2019 from 0.75% to 1% at its October meeting last year. By the end of 2019, the rate can be once again raised to 1.25%. This is a positive factor for the Norwegian krone exchange rate.

Usd nok is going up and we can have a buy trade on this pair

Support and resistance levels:-

S3 8.5516
S2 8.5576
S1 8.5602

R1 8.5662
R2 8.5696
R3 8.5756

Todays analysis for the pair usd nok.

The trend is showing a bullish movement for this pair.

Buy signal for the hourly time frame.

Support levels:-

S1 8.5482
S2 8.5550
S3 8.5579

Resistance levels:-

R1 8.5647
R2 8.5686
R3 8.5754