Thursday, October 15, 2026

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FxWirePro: USD/DKK consolidates within ranges, faces resistance at 21-EMA

The Danish Krone consolidated within narrow ranges amid growing wariness about the U.S. presidential election. The greenback eased from a 1-week peak against a basket of currencies as investors wagered on a victory for D…

By FxWirePro Team
1 min read
FxWirePro: USD/DKK consolidates within ranges, faces resistance at 21-EMA
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  • The Danish Krone consolidated within narrow ranges amid growing wariness about the U.S. presidential election. 
     
  • The greenback eased from a 1-week peak against a basket of currencies as investors wagered on a victory for Democrat Joe Biden. 
     
  • USD/DKK is trading flat at 6.2997, having hit low of 6.2638 on Wednesday, its lowest since September 16.
     
  • Immediate resistance is located at 6.3244 (21-DMA), close above could take it till 6.3427 (55-EMA). 
     
  • On the downside, support is seen at 6.2720 and any break below will take it till 6.2611. 

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