USD/SEK Approaching Key Support
January 25, 2011 12:38 pm by Russell GlaserThe USD/SEK has resumed its downtrend and only one support level stands in the way of the 2010 low.
Shifting Fundamentals Boast Well For Krona
January 25, 2011 12:30 pm by Russell GlaserIncreased rates of growth and rising interest rates are all positive factors for continued gains in the Scandinavian currencies, particularly the SEK and the NOK.
EUR/NOK Momentum Continues to the Downside
December 14, 2010 6:01 pm by Russell GlaserIn staying with the previous analysis, the EUR/NOK has broken below its rising intermediate trend line on the daily chart and continues to move lower towards its year low.
Swedish Interest Rate Decision
December 14, 2010 5:56 pm by Russell GlaserTomorrow will bring interest rate decisions from both Norway and Sweden. However, the two countries differ as Sweden is expected to raise its benchmark rate while Norway will most likely hold interest rates steady.
EUR/NOK Stands at Reflection Point
December 9, 2010 6:45 pm by Russell GlaserThe EUR/NOK looks to have a clear run lower should it breach its current rising trend line.
SEK, NOK Losing Momentum from Monetary Policy Statements
November 2, 2010 9:16 pm by Greg HoldenScandinavian interest rate decisions have been affecting the SEK and NOK heavily these past few trading days. Sweden decided to lift interest rates by 25 base points last Tuesday, following a fiery speech by the deputy governor of the Riksbank ...
Kroner Gains on Euro in a Volatile Start to the Week
June 22, 2010 7:32 pm by Dan EduardA Chinese currency decision earlier this week created heavy volatility in the marketplace and led to major gains for the Scandinavian kroner. The announcement that the Chinese yuan would no longer be pegged to the U.S. dollar sent currencies ...
EUR/NOK Likely to See Strong Upward Momentum
June 14, 2010 12:01 pm by Dan EduardFor our technical analysis, we will be looking at the 8-hour chart for the EUR/NOK pair provided by ForexYard. As will be shown, the pair is currently trading in oversold territory and will likely see an upward correction in ...
Nordic Currencies May See Upward Move versus EUR
June 9, 2010 2:40 pm by Natalie R.With the pressure on the common currency refuses to abate it seems that the Nordic currencies are a good alternative investment and may soon see an upward correction versus the EUR. The Nordic economies seem to be on the path ...
Forex Technical Analysis – EUR/NOK Wedge
April 22, 2010 12:57 pm by Russell GlaserThe EUR/NOK has been weakening significantly. As such, the 4-hour chart displays a falling wedge pattern.
