Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: USD/DKK extends gains, faces resistance at 21-EMA

The Danish Krone declined, extending previous session losses as the greenback rose against a basket of currencies. The dollar index gained as a rise in coronavirus cases in the United States weighed on optimism about a q…

By FxWirePro Team
1 min read
FxWirePro: USD/DKK extends gains, faces resistance at 21-EMA
Image from the original EconoTimes article

Read the original article

  • The Danish Krone declined, extending previous session losses as the greenback rose against a basket of currencies. 
     
  • The dollar index gained as a rise in coronavirus cases in the United States weighed on optimism about a quick economic recovery. 
     
  • USD/DKK is trading 0.2 percent up at 6.6400, having hit low of 6.5672 on Tuesday, its lowest since June 16.
     
  • On Tuesday, the pair slumped to a 1-week trough but retraced to close at 6.5899. 
     
  • Immediate resistance is located at  6.6547 (21-EMA), close above could take it till 6.6760. 
     
  • On the downside, support is seen at 6.6147 and any break below will take it till 6.6015. 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team