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Market Overview
EUR/NOK closed at 11.74932 on December 3, 2025, slightly down by 0.06% from the previous close of 11.75598, continuing its recent downtrend. Over the past 30 days, the pair declined approximately 0.25%, with a high of 11.80541 and a low near 11.74842. The outlook remains bearish as Norges Bank’s hawkish stance contrasts with the ECB’s cautious approach, potentially keeping pressure on EUR/NOK. Key upcoming economic releases and central bank communications may influence price action. Technical indicators show the 20-day SMA at 11.77054, 50-day SMA near 11.78, and 200-day SMA above these levels; RSI is subdued, supporting bearish momentum. Nearest support is at 11.70, with resistance around 11.80. For information only.
Last Updated 12/4/25

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.