USD/NOK

- NOK (-)

- Real time data - Forex

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Forex
Ticker:	USDNOK
ISIN:

USD/NOK - Daily - Technical analysis published on 11/15/2022 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

28%

50%

22%

My opinion

Bearish under 10.2646 NOK

My targets

9.7992 NOK (-0.2403)

9.5221 NOK (-0.5174)

My analysis

USD/NOK is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 10.2646 NOK. The next support located at 9.7992 NOK is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 9.5221 NOK. Below this support, sellers could then target 9.2079 NOK.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

4.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

USD/NOK rating 10.0395 NOK. The price is lower by -0.02% since the last closing and was between 9.8570 NOK and 10.0558 NOK. This implies that the price is at +1.85% from its lowest and at -0.16% from its highest.

9.8570

10.0558

10.0395

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by USD/NOK:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this USD/NOK chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Doji

Type : Neutral

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	9.2079	9.5221	9.7992	10.0395	10.0484	10.2646	10.5819
Change (%)	-8.28%	-5.15%	-2.39%	-	+0.09%	+2.24%	+5.40%
Change	-0.8316	-0.5174	-0.2403	-	+0.0089	+0.2251	+0.5424
Level	Intermediate	Major	Minor	-	Intermediate	Major	Minor

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.7783	9.8375	9.9395	9.9987	10.1007	10.1599	10.2619
Camarilla	9.9971	10.0119	10.0266	10.0414	10.0562	10.0710	10.0857
Woodie	9.7996	9.8482	9.9608	10.0094	10.1220	10.1706	10.2832
Fibonacci	9.8375	9.8991	9.9372	9.9987	10.0603	10.0984	10.1599

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.1610	9.5258	9.7348	10.0996	10.3086	10.6734	10.8824
Camarilla	9.7859	9.8385	9.8911	9.9437	9.9963	10.0489	10.1015
Woodie	9.0830	9.4869	9.6568	10.0607	10.2306	10.6345	10.8044
Fibonacci	9.5258	9.7450	9.8804	10.0996	10.3188	10.4542	10.6734

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.4029	9.8097	10.0994	10.5062	10.7959	11.2027	11.4924
Camarilla	10.1975	10.2613	10.3252	10.3890	10.4529	10.5167	10.5805
Woodie	9.3443	9.7804	10.0408	10.4769	10.7373	11.1734	11.4338
Fibonacci	9.8097	10.0758	10.2402	10.5062	10.7723	10.9367	11.2027

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	39.15
MACD (12,26,9):	-0.1091
Directional Movement:	-11.9451
AROON (14):	-57.1429
DEMA (21):	10.1664
Parabolic SAR (0,02-0,02-0,2):	10.4071
Elder Ray (13):	-0.2596
Super Trend (3,10):	10.5911
Zig ZAG (10):	10.0363
VORTEX (21):	0.8441
Stochastique (14,3,5):	16.86
TEMA (21):	10.0367
Williams %R (14):	-76.73
Chande Momentum Oscillator (20):	-0.2825
Repulse (5,40,3):	0.2466
ROCnROLL:	2
TRIX (15,9):	-0.0891
Courbe Coppock:	5.73

MA7:	10.1358
MA20:	10.3279
MA50:	10.4054
MA100:	10.1361
MAexp7:	10.1256
MAexp20:	10.2803
MAexp50:	10.2986
MAexp100:	10.1286
Price / MA7:	-0.95%
Price / MA20:	-2.79%
Price / MA50:	-3.52%
Price / MA100:	-0.95%
Price / MAexp7:	-0.85%
Price / MAexp20:	-2.34%
Price / MAexp50:	-2.52%
Price / MAexp100:	-0.88%

Quotes : - Real time data - Forex

News

The last news published on USD/NOK at the time of the generation of this analysis was as follows:

Sizeable correction possible on USD/NOK, Trade idea for Intel

This member declared not having a position on this financial instrument or a related financial instrument.

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