Thursday, October 15, 2026

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FxWirePro: Danish Krone at its lowest since April 2017, markets eye GDP growth data

The Danish Krone eased, pulling away from multi-year trough hit earlier in the session. USD/DKK is trading 0.1 percent down at 6.8669, having hit high of 6.8772, its highest since April 2017 Momentum indicators are bulli…

By FxWirePro Team
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FxWirePro: Danish Krone at its lowest since April 2017, markets eye GDP growth data
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  • The Danish Krone eased, pulling away from multi-year trough hit earlier in the session. 
     
  • USD/DKK is trading 0.1 percent down at 6.8669, having hit high of 6.8772, its highest since April 2017
     
  • Momentum indicators are bullish - RSI strong at 72.00, MACD supports upside and Stochs are at overbought levels
     
  • Immediate resistance is located at  6.8836, close above could take it till 6.8906. 
     
  • On the downside, support is seen at 6.8606, and any break below will take it till 6.8504.

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