USDNOK NEWS why is Us Dollar / Norwegian Krone price falling or rising

USDNOK NEWS reasons for why stock price of Us Dollar / Norwegian Krone is falling or rising

USDNOK Us Dollar is falling or rising technical reasons

Technical analysis forecast of Us Dollar Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Us Dollar USDNOK at this time. Stock is rising and might rise more.

It appears as if Us Dollar USDNOK gave a large move recently.

Stock of Us Dollar (USDNOK) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Us Dollar is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 11.2 as stoploss in an intra day sell trade for a target of 11.08. However, stock will show a bullish move above 11.2.

USDNOK Us Dollar is falling or rising NEWS fundamental reasons

Indian rupee hits record low at 84.66 vs US dollar The Indian rupee hit a new low of 84.86 per US dollar on Monday, driven by a high trade deficit and rising US bond yields. RBI's intervention helped cap the decline. - NEWS as on 2024-12-16 indiatimes.com

Rupee settles on a flat note near all-time low at 84.84 against US dollar The rupee settled for the day on a flat note higher by just 1 paisa at 84.84 (provisional) against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance post the app - NEWS as on 2024-12-11 indiatimes.com

More announcements and NEWS

USDNOK Us Dollar / Norwegian Krone current price & indicator signals

Moving Averages for Us Dollar / Norwegian Krone

  • 5Day Average: 11.16
  • 12Day Average: 11.1
  • 20Day Average: 11.08
  • 50Day Average: 10.89
  • 100Day Average: 10.82
  • 150Day Average: 10.77
  • 200Day Average: 10.76

USDNOK Indicators & signals

Indicator MACD (12,26,9)

11.12, 11.06, 0.07
Indicator MACD is in positive zone

Indicator ADX (14)

0, 53.85, 53.85
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of USDNOK Us Dollar / Norwegian Krone are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Tue Dec 2024 11.19590 11.13590 to 11.21580 0.44% 0 times
16 Mon Dec 2024 11.14630 11.12760 to 11.20480 0.04% 0 times
13 Fri Dec 2024 11.14160 11.08340 to 11.19520 -0.37% 0 times
12 Thu Dec 2024 11.18290 11.08200 to 11.18320 0.41% 0 times
11 Wed Dec 2024 11.13730 11.10190 to 11.20340 -0.08% 0 times
10 Tue Dec 2024 11.14590 11.09380 to 11.18300 0.19% 0 times
09 Mon Dec 2024 11.12530 11.07470 to 11.19830 0.54% 0 times
21 Thu Nov 2024 11.06550 11.02450 to 11.07120 0.04% 0 times
20 Wed Nov 2024 11.06150 10.95880 to 11.08660 0.93% 0 times
19 Tue Nov 2024 10.95930 10.95930 to 11.07640 -0.41% 0 times
18 Mon Nov 2024 11.00410 10.98760 to 11.13250 -0.75% 0 times
15 Fri Nov 2024 11.08690 11.03960 to 11.14960 -0.57% 0 times

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USDNOK NEWS why is Us Dollar / Norwegian Krone price falling or rising

 

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