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 01/13/2025 (GMT)

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  • Timeframe : 1H
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Slightly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under 11.4389 NOK
My targets
11.3326 NOK (-0.0597)
11.2169 NOK (-0.1754)
My analysis
USD/NOK is currently trying to strengthen its basic trend with a very bearish short term. As long as the price remains below 11.4389 NOK, traders may consider taking advantage of this bearish acceleration and setting themselves to trade only in short positions (for sale). Sellers will encounter the support at 11.3326 NOK. A bearish break in this support would confirm a continuation of the bearish acceleration. The next support located at 11.2169 NOK would then be the next bearish objective for sellers. Crossing it would then enable sellers to target 11.0338 NOK. Beware of a possible return to above the resistance located at 11.4389 NOK which would be a sign of a correction of the short-term bearish excesses registered.

In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.4

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The USD/NOK rating is 11.3923 NOK. On the day, this instrument lost -0.71% with the lowest point at 11.3829 NOK and the highest point at 11.5315 NOK. The deviation from the price is +0.08% for the low point and -1.21% for the high point.

11.3829
11.5315
11.3923

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of USD/NOK in 1H shows an overall slightly bearish trend. 53.57% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : 1 hour



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour


Previous candle closed under Bollinger bands

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 1 hour


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 11.2169 11.3326 11.3837 11.3923 11.4389 11.5129
Change (%) -1.54% -0.52% -0.08% - +0.41% +1.06%
Change -0.1754 -0.0597 -0.0086 - +0.0466 +0.1206
Level Major Minor Intermediate - Intermediate Intermediate



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.277211.332111.403111.458011.529011.583911.6549
Camarilla11.439511.451011.462611.474111.485611.497211.5087
Woodie11.285311.336111.411211.462011.537111.587911.6630
Fibonacci11.332111.380211.409911.458011.506111.535811.5839


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard11.000511.110811.292411.402711.584311.694611.8762
Camarilla11.393811.420611.447311.474111.500911.527611.5544
Woodie11.036311.128611.328211.420511.620111.712411.9120
Fibonacci11.110811.222311.291211.402711.514211.583111.6946


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.635810.822411.103911.290511.572011.758612.0401
Camarilla11.256811.299711.342611.385511.428411.471311.5142
Woodie10.683410.846111.151511.314211.619611.782312.0877
Fibonacci10.822411.001211.111711.290511.469311.579811.7586

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): 33.94
MACD (12,26,9): -0.0086
Directional Movement: -16.6876
AROON (14): -92.8571
DEMA (21): 11.4489
Parabolic SAR (0,02-0,02-0,2): 11.5044
Elder Ray (13): -0.0430
Super Trend (3,10): 11.4805
Zig ZAG (10): 11.3960
VORTEX (21): 0.8981
Stochastique (14,3,5): 9.76
TEMA (21): 11.4293
Williams %R (14): -89.17
Chande Momentum Oscillator (20): -0.0938
Repulse (5,40,3): -0.4687
ROCnROLL: 2
TRIX (15,9): 0.0028
Courbe Coppock: 0.89
MA7: 11.3836
MA20: 11.3444
MA50: 11.1780
MA100: 10.9410
MAexp7: 11.4303
MAexp20: 11.4554
MAexp50: 11.4480
MAexp100: 11.4234
Price / MA7: +0.08%
Price / MA20: +0.42%
Price / MA50: +1.92%
Price / MA100: +4.12%
Price / MAexp7: -0.33%
Price / MAexp20: -0.55%
Price / MAexp50: -0.48%
Price / MAexp100: -0.27%

Quotes : - Real time data - Forex

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

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