USDNOK continues growing

25 april 2022 111
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
Load the latest quotes
Full screen

The USDNOK pair has moved to active growth in recent days. The approaching increase in the Fed key rate at the meeting on May 4 is supporting the dollar. And the Norwegian krone is negatively affected by the declined oil price.

 

If the “three white soldiers” pattern finishes forming today, the USDNOK pair might be moving to the February-March maximum at 9.08. The RSI is far from overbought and is not preventing growth.

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
Comments
New Popular
Send
Commenting rules

Subscribe to our newsletter and stay up to date with all the news!