Bullish bounce at pullback support?EUR/NOK is falling toward the pivot, which acts as a pullback support and could bounce toward the pullback resistance that aligns with the 38.2% Fibonacci retracement.
Pivot: 10.35206
1st Support: 10.26043
1st Resistance: 10.50370
Disclaimer:
The opinions given above constitute general market co
Euro / Norwegian Krone
No trades
No trades
Peers for comparison
Pair info
The Euro vs. the Norwegian Krone. Changes in oil prices and interest rates are correlated to the value of the Norwegian Krone when compared to other currencies. In other words, rising oil prices and interest rates brings Krone strength relative to other currencies and vice versa.
Will Norway’s Wealth Crush the Euro by 2027?Macroeconomics and Economic Shifts
Nordea forecasts the EUR/NOK pair dropping to 10.50 within three months and 10.25 by summer 2027. Norway boasts extraordinary fiscal strength today. Taxes fund public spending efficiently. Transfers from the sovereign wealth fund, capped by the fiscal rule, cover
Bearish reversal at pullback resistance?EUR/NOK is rising toward the pivot, which is a pullback resistance that is slightly above the 38.2% Fibonacci retracement and could reverse toward the 1st support.
Pivot: 10.81911
1st Support: 10.69266
1st Resistance: 10.92518
Disclaimer:
The opinions given above constitute general market commen
Could bulls step In?EUR/NOK is falling toward the pivot, which acts as an overlap suport that aligns with the 50% Fibonacci retracement and could bounce towards the 1st resistance, which is also an overlap resistance.
Pivot: 10.96483
1st Support: 10.89164
1st Resistance: 11.05490
Disclaimer:
The opinions given abov
Overlap resistance ahead?EUR/NOK is rising toward the pivot, which acts as an overlap resistance that aligns with the 38.2% Fibonacci retracement and could reverse toward the 1st support, which is a pullback support.
Pivot: 11.07521
1st Support: 10.96147
1st Resistance: 11.17082
Disclaimer:
The opinions given above cons
Long EURNOK Oil prices have declined after the U.S. and Iran extended the pause in military strikes. Given Norway's strong exposure to oil exports, this should weigh on the Norwegian krone. However, EURNOK has yet to fully reflect the decline in crude prices, presenting a potential long opportunity.
Key risk:
Bearish momentum to continue?EUR/NOK is rising towards the pivot and could reverse toward the 1st support.
Pivot: 10.98931
1st Support: 10.91443
1st Resistance: 11.05392
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal
Selling pressure increasing?EUR/NOK has rejected off the pivot, which has been identified as a pullback resistance, and could drop towards the 1st suport which has been identified as an overlap support.
Pivot: 11.09680
1st Support: 10.98852
1st Resistance: 11.17379
Disclaimer:
The opinions given above constitute general ma
Could we see a reversal from here?EUR/NOK is rising towards the pivot, which acts as a pullback resistance and could drop towards the 1st support.
Pivot: 11.30095
1st Support: 11.23846
1st Resistance: 11.34922
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of
Strong resistance triggers bearish rejection?EUR/NOK is rising towards the pivot, which has been identified as an overlap resistance that is slightly below the 100% Fibonacci retracement and could reverse towards the 1st support, which is an overlap support.
Pivot: 11.17100
1st Support: 11.07856
1st Resistance: 11.27944
Disclaimer:
The opi
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
Today, EUR/NOK rate is 10.544630 NOK.
For broader market analysis, dive into the technicals on the EURNOK live chart and read the latest EURNOK news:
– Norway maintains its monetary policy framework
– Norway central bank: no changes to the conduct of monetary policy
– Norway's July core inflation steady at 2.7%, lower than expected
For broader market analysis, dive into the technicals on the EURNOK live chart and read the latest EURNOK news:
– Norway maintains its monetary policy framework
– Norway central bank: no changes to the conduct of monetary policy
– Norway's July core inflation steady at 2.7%, lower than expected
Markets don't sleep, here's what's going on with EURNOK at the moment:
– Norway maintains its monetary policy framework
– Norway central bank: no changes to the conduct of monetary policy
– Norway's July core inflation steady at 2.7%, lower than expected
See more updates in real-time with our News Flow.
– Norway maintains its monetary policy framework
– Norway central bank: no changes to the conduct of monetary policy
– Norway's July core inflation steady at 2.7%, lower than expected
See more updates in real-time with our News Flow.
The safest way to trade EURNOK is through a reliable broker. Create an account, fund it, and place a buy order.
You can trade EURNOK directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders without leaving the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
You can trade EURNOK directly from TradingView:
– Choose a broker: Explore our supported trading partners and pick one that fits your needs
– Compare options: View available brokers side by side to evaluate fees and features
– Connect your account: Open Supercharts, click "Trade", select your broker, and log in
– Start trading: Place orders without leaving the chart
Tip: If you're new to trading, try paper trading first — it lets you practice strategies in real market conditions without risking funds.
It's worth checking EURNOK rate change for various periods to get the full picture:
– 1 day — −0.22%
– 1 week — +2.18%
– 1 month — −1.82%
EURNOK's all-time low was 1.502700 NOK (Sep 25, 1978), and its highest price is 13.170030 NOK (Mar 19, 2020). Track the dynamics with the latest forex news right on TradingView.
– 1 day — −0.22%
– 1 week — +2.18%
– 1 month — −1.82%
EURNOK's all-time low was 1.502700 NOK (Sep 25, 1978), and its highest price is 13.170030 NOK (Mar 19, 2020). Track the dynamics with the latest forex news right on TradingView.
When trading EURNOK, one should keep in mind many factors.
First, analyze the fundamentals:
– Macroeconomic data: Inflation, GDP, employment, and other key indicators in the economies behind both currencies
– Central bank policy: Interest rate decisions and monetary policy from the respective central banks
– Market sentiment: Check what other traders anticipate
– News flow: Geopolitical events and economic releases
Then check technical ratings:
– Today — sell
– 1-week — sell
– 1-month — sell
Identify the trend, watch key levels (support and resistance), consider volatility and upcoming economic events. Then, you'll be closer to an informed decision.
First, analyze the fundamentals:
– Macroeconomic data: Inflation, GDP, employment, and other key indicators in the economies behind both currencies
– Central bank policy: Interest rate decisions and monetary policy from the respective central banks
– Market sentiment: Check what other traders anticipate
– News flow: Geopolitical events and economic releases
Then check technical ratings:
– Today — sell
– 1-week — sell
– 1-month — sell
Identify the trend, watch key levels (support and resistance), consider volatility and upcoming economic events. Then, you'll be closer to an informed decision.
EURNOK volatility measures how much the exchange rate fluctuates over time, i.e. how quickly and how strongly it moves up or down.
The current volatility rating is 0.13%.
What it means for traders:
– Higher volatility: Larger and faster price swings → higher risk and opportunity
– Lower volatility: More stable price movement → smaller trading ranges
– Market behavior: Volatility often increases during major economic news or central bank decisions
Volatility helps traders estimate risk and position sizing. It's also useful for adapting strategies to market conditions.
How to use volatility:
– Compare volatility across other currency pairs
– Combine with technical analysis (trends, support/resistance)
– Monitor economic events that may increase market movement
The current volatility rating is 0.13%.
What it means for traders:
– Higher volatility: Larger and faster price swings → higher risk and opportunity
– Lower volatility: More stable price movement → smaller trading ranges
– Market behavior: Volatility often increases during major economic news or central bank decisions
Volatility helps traders estimate risk and position sizing. It's also useful for adapting strategies to market conditions.
How to use volatility:
– Compare volatility across other currency pairs
– Combine with technical analysis (trends, support/resistance)
– Monitor economic events that may increase market movement
EURNOK is quoted as how many NOK (quote currency) it takes to buy one EUR (base currency).
For example, if the pair trades at 1.50, it means 1 EUR = 1.50 NOK.
What can influence the rate:
– Supply and demand: Driven by trade, investment flows, and speculation
– Economic data: Inflation, GDP, employment reports
– Central bank policy: Interest rates and monetary decisions
Follow these and more events in the Economic Calendar.
For example, if the pair trades at 1.50, it means 1 EUR = 1.50 NOK.
What can influence the rate:
– Supply and demand: Driven by trade, investment flows, and speculation
– Economic data: Inflation, GDP, employment reports
– Central bank policy: Interest rates and monetary decisions
Follow these and more events in the Economic Calendar.









