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
Euro / Norwegian Krone
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Details
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.
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
Bullish trend still intact?EUR/NOK is falling towards the pivot and could bounce towards the 1st resistance, which is an overlap resistance.
Pivot: 10.94546
1st Support: 10.87094
1st Resistance: 11.07867
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice o
Falling towards 50% Fib support?EUR/NOK is falling towards the pivot, which has been identified as a pullback support that aligns with the 50% Fibonacci retracement and could bounce towards the pullback resistance.
Pivot: 10.85064
1st Support: 10.79034
1st Resistance: 10.98597
Disclaimer:
The opinions given above constitute ge
Bearish momentum to extend?EUR/NOK could rise towards the pivot, which is pullback resistance, and could reverse towards the 1st support.
Pivot: 10.80523
1st Support: 10.57279
!st Resistance: 10.94470
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of I
Bearish continuation?EUR/NOK is rising towards the pivot, which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse to the 1st support.
Pivot: 11.10133
1st Support: 10.94452
1st Resistance: 11.20755
Disclaimer:
The opinions given above constitute general market commentary and
Heading towards 50% Fib resistance?EUR/NOK is rising towards the pivot, which acts as pullback resistance and aligns with the 50% Fibonacci retracement, and could reverse to the 1st support, which is a pullback support.
Pivot: 11.40326
1st Support: 11.21200
1st Resistance: 11.49534
Disclaimer:
The opinions given above constitute
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current rate of EURNOK is 10.89265 NOK — it has decreased by −0.02% in the past 24 hours. See more of EURNOK rate dynamics on the detailed chart.
The value of the EURNOK pair is quoted as 1 EUR per x NOK. For example, if the pair is trading at 1.50, it means it takes 1.5 NOK to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURNOK has the volatility rating of 0.76%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURNOK showed a −1.23% fall over the past week, the month change is a −1.77% fall, and over the last year it has decreased by −8.44%. Track live rate changes on the EURNOK chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURNOK right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURNOK technical analysis. The technical rating for the pair is strong sell today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURNOK shows the strong sell signal, and 1 month rating is sell. See more of EURNOK technicals for a more comprehensive analysis.









