Analysis of the USDNOK Currency Pair for October 20, 2025

Analysis of currency pairs based on modified wave analysis, Fibonacci levels, and price channels.

Date: October 20, 2025
Pair: USDNOK

The trend is bullish. The currency pair is trading within the 365 and 135 EMA range. The downward wave structures are truncated. The Awesome Oscillator shows a bullish divergence, while the Stochastic Oscillator indicates oversold conditions.

Trading Idea:
Buy upon the formation of an upward wave structure where wave (A) breaks through the trendline of the downward truncated structure.

Stop Loss: 10.028
Target Levels: 10.092; 10.207