Eur/nok Currency Pair Forecast

Buy or Hold candidate since Jul 08, 2026 Gain 0.07%

The EUR/NOK currency pair price gained 0.446% on the last trading day (Friday, 10th Jul 2026), rising from kr11.11 to kr11.16. During the last trading day the currency pair fluctuated 0.782% from a day low at kr11.08 to a day high of kr11.17. The price has fallen in 7 of the last 10 days and is down by -0.4% for this period. Volume fell on the last day by -17 thousand shares and in total, 130 thousand shares were bought and sold for approximately kr1.45 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The currency pair lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the currency pair is expected to rise 2.65% during the next 3 months and, with a 90% probability hold a price between kr11.17 and kr11.67 at the end of this 3-month period.

EURNOK Signals & Forecast

A sell signal was issued from a pivot top point on Monday, June 29, 2026, and so far it has fallen -1.50%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. Some positive signals were issued as well, and these may have some influence on the near short-term development. The EUR/NOK currency pair holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the currency pair giving a positive forecast for the currency pair. On further gains, the currency pair will meet resistance from the short-term Moving Average at approximately kr11.19. On a fall, the currency pair will find some support from the long-term average at approximately kr11.01. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal.

Support, Risk & Stop-loss for EUR/NOK currency pair

EUR/NOK finds support from accumulated volume at kr11.02 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the currency pair tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the currency pair During the last day, the currency pair moved kr0.0867 between high and low, or 0.782%. For the last week the currency pair has had daily average volatility of 0.437%

Our recommended stop-loss: kr10.75 (-3.68%) (This currency pair has very low daily movements and this gives very low risk. There is a sell signal from a pivot top found 8 days ago.)

Trading Expectations (EURNOK) For The Upcoming Trading Day Of Monday 13th

For the upcoming trading day on Monday, 13th we expect EUR/NOK to open at kr11.14, and during the day (based on 14 day Average True Range), to move between kr11.13 and kr11.19, which gives a possible trading interval of +/-kr0.0678 (+/-0.61%) up or down from last closing price. If EUR/NOK takes out the full calculated possible swing range there will be an estimated 0.61% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at kr11.19 (0.24%) than the support at kr11.02 (1.25%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is EUR/NOK currency pair A Buy?

Several of the signals/indicators are negative, and we believe that this will affect on the development for the next days and maybe possible weeks. However, over time, we think that today's level holds a possible buying opportunity and that the price will be higher during or at the end of this 3-month period. We have upgraded our analysis conclusion for this currency pair since the last evaluation from a Hold to a Buy candidate.

Current score: 1.662 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - kr11.14 ( 0.189%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk