Chart of price change EUR/NOK

Currency pair EURNOK depicts the relation of a single European currency to the Norwegian krone. Euro serves as the base currency, and national currency of Norway — quoted. The quotation of the euro / Norwegian krone shows how many units of the euro it is possible to purchase for one Norwegian krone. This financial instrument shows the greatest activity during the European trading session. Stability of EU countries and Norway, and also good predictability of EURNOK provides this currency pair especially popularity among experienced players of the exchange market.

 

 

EURNOK: Возможности пары
EURNOK, D1 Forecast

Совсем недавно евро протестировал верхнюю границу канала и в итоге эта линия должна быть пробита, что может сделать подъём с минимума пошлого месяца очень вероятным.

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EURNOK: Треугольник
EURNOK, H4 Forecast

Если не обращать внимание на недавнюю неудачу пары, прогноз по паре все равно остаётся бычьим, поскольку цена сформировала восходящий треугольник после движения пары от уровня 9.10.

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Marenno 2902 653
short term short trade
EURNOK, M15 Sell Profit: 100 pips RoR: 0%

prev low - target, (range)

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Marenno 2902 653
EURNOK, H4 Forecast

The pattern does look like a trap, however Upward continuation is possible. In case of a Downward trader's choice SL>8.7, TP=8.55, Sell Stop at 8.66

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The economic condition of the Eurozone and Norway, in particular, has an impact on price maneuvers of the trading symbol EURNOK. Key characteristics of Norway economy is the activity of industrial and agricultural sector. The Norwegian krone is commodity currency, thanks to that Norway is included in the three of world leaders in oil and gas production and export.

Export of energy resources, production of oil drilling platforms, trading of minerals, and also production and conversion of seafood are one of the key factors guaranteeing to Norway one of the highest levels of economic development. Predicting the movement of a currency pair of EURNOK it is necessary to pay attention at the economic and geopolitical indicators of Norway and the EU and also in a situation in the oil market.