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Market Overview The USD/NOK pair closed at 10.0969, showing a marginal increase of 0.02% from the previous close, yet it remains within a downtrend as indicated by recent price action and the under-chart summary. Over the past 30 days, the pair has gained 4.97%, but short-term momentum suggests bearish pressure persists. The 20-day, 50-day, and 200-day moving averages stand at approximately 10.0966, with the RSI near neutral levels. Key support is identified around 10.0913, while resistance is near 10.1038. Upcoming US economic data and oil price movements may influence price action. Last Updated 1/29/26. For information only.

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.