USD/NOK
USD NOK
- NOK (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDNOK
ISIN:

USD/NOK - 1H - Technical analysis published on 11/23/2022 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 10.1192 NOK
My targets
10.0576 NOK (-0.0403)
9.9926 NOK (-0.1053)
My analysis
In the short term, we can see an acceleration in the bearish trend on USD/NOK, which is a positive signal for sellers. As long as the price remains above 10.1192 NOK, a sale could be considered. The first bearish objective is located at 10.0576 NOK. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 9.9926 NOK as an objective. Crossing it would then enable sellers to target 9.9506 NOK. If the price were to return above 10.1192 NOK, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5

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:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/NOK rating is 10.0979 NOK. The price is lower by -0.02% since the last closing and was between 10.0868 NOK and 10.1252 NOK. This implies that the price is at +0.11% from its lowest and at -0.27% from its highest.

10.0868
10.1252
10.0979

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/NOK:
The Central Records scanner for higher/lower results shows an item:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of USD/NOK in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

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

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 9.9506 9.9926 10.0576 10.0979 10.1192 10.2219 10.2646
Change (%) -1.46% -1.04% -0.40% - +0.21% +1.23% +1.65%
Change -0.1473 -0.1053 -0.0403 - +0.0213 +0.1240 +0.1667
Level Minor Minor Major - Minor Intermediate Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.87529.986710.043110.154610.211010.322510.3789
Camarilla10.053310.068710.084110.099510.114910.130310.1457
Woodie9.84779.972910.015610.140810.183510.308710.3514
Fibonacci9.986710.050810.090510.154610.218710.258410.3225


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.61059.73389.962910.086210.315310.438610.6677
Camarilla10.095210.127510.159810.192110.224410.256710.2890
Woodie9.66359.760310.015910.112710.368310.465110.7207
Fibonacci9.73389.86849.951610.086210.220810.304010.4386


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.40299.809710.099410.506210.795911.202711.4924
Camarilla10.197510.261310.325210.389010.452910.516710.5805
Woodie9.34439.780410.040810.476910.737311.173411.4338
Fibonacci9.809710.075810.240210.506210.772310.936711.2027

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 32.01
MACD (12,26,9): -0.0275
Directional Movement: -15.9134
AROON (14): -57.1429
DEMA (21): 10.0939
Parabolic SAR (0,02-0,02-0,2): 10.0898
Elder Ray (13): -0.0168
Super Trend (3,10): 10.1619
Zig ZAG (10): 10.0919
VORTEX (21): 0.8173
Stochastique (14,3,5): 21.45
TEMA (21): 10.0827
Williams %R (14): -89.90
Chande Momentum Oscillator (20): -0.0245
Repulse (5,40,3): -0.2400
ROCnROLL: 2
TRIX (15,9): -0.0438
Courbe Coppock: 0.93
MA7: 10.1078
MA20: 10.2153
MA50: 10.4201
MA100: 10.1462
MAexp7: 10.1061
MAexp20: 10.1312
MAexp50: 10.1626
MAexp100: 10.1566
Price / MA7: -0.10%
Price / MA20: -1.15%
Price / MA50: -3.09%
Price / MA100: -0.48%
Price / MAexp7: -0.08%
Price / MAexp20: -0.33%
Price / MAexp50: -0.64%
Price / MAexp100: -0.58%

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:

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

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