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Market Overview
USD/NOK closed at 10.08238 on December 3, 2025, marking a slight increase of 0.02% from the previous close, yet the pair remains in a downtrend with a 30-day return of -0.57%. The current price is below the 20-day SMA of 10.0971 but above the 5-day SMA of 10.0769, indicating short-term consolidation within the broader bearish trend. Technical indicators show the 20/50/200-DMA at 10.0971/–/–, RSI near neutral levels, with nearest support at 10.07 and resistance around 10.15. Market participants are monitoring upcoming US inflation data and Norges Bank communications, which may influence price action. Volatility is expected to remain moderate. 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.