The Oslo FoB Index fell 2.33% this week to finish the week at 70.01 NOK. This has been another quiet week for the Oslo FoB Index.
Category Archives: Technical Analysis
27
Aug
Aug
The Oslo FoB Index fell 2% during this week of trading to finish the week at 71.68 NOK. The Oslo FoB Index has been trending sideways since the end of June 2024.
19
Aug
Aug
The Oslo FoB Index fell 2.02% during this week of trading to finish at 73.14 NOK. The Oslo FoB Index has been grinding sideways since the end of June 2024.
12
Aug
Aug
The Oslo FoB Index rallied .08% or .06 NOK during this week of trading. Yes, sideways is a direction. The chart reflects this lack of price movement.
29
Jul
Jul
The Oslo FoB Index fell 3.92% to close the week at 77.78 NOK. I made some minor adjustments to the horizontal support zones below the current Oslo FoB Index price.
22
Jul
Jul
The Oslo FoB Index rallied 2.47% to end the week at 80.95 NOK. The Oslo FoB Index is close to testing the underside of the 81.22 NOK horizontal resistance zone.
15
Jul
Jul
The Oslo FoB Index rallied 7.37% to finish the week at 78.99 NOK. The Oslo FoB Index has made a higher low and now has made a higher price high since June 24th, 2024.
08
Jul
Jul
The Oslo FoB Index fell 4.07% during this week of trading. Since June 24th, 2024, the Oslo FoB Index has been swinging back and forth between the nearest support zone and the resistance zone, 73.63 NOK and 76.75 NOK.
01
Jul
Jul
The Oslo FoB Index rallied 0.72% during this week of trading. The Oslo FoB Index is now testing the underside of the 76.75 NOK horizontal resistance zone.
24
Jun
Jun
The Oslo FoB Index fell 7.46% during this week of trading. The Oslo FoB Index finished the week below the 78.07 NOK horizontal support zone and the purple uptrend line that connects the past several years low prices.
