Friday, October 16, 2026

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FxWirePro: USD/DKK fails to sustain gains above 6.8500, investors eye Danish GDP growth figures

The Danish Krone consolidated near a 4-month trough hit in the previous session. The pair rose to a daily high of 6.8537 but failed to sustain gains above the 6.8500 level. USD/DKK is trading flat at 6.8449, having hit h…

By FxWirePro Team
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FxWirePro: USD/DKK fails to sustain gains above 6.8500, investors eye Danish GDP growth figures
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  • The Danish Krone consolidated near a 4-month trough hit in the previous session. 
     
  • The pair rose to a daily high of 6.8537 but failed to sustain gains above the 6.8500 level. 
     
  • USD/DKK is trading flat at 6.8449, having hit high of 6.8606 on Tuesday, its highest since Oct. 1.
     
  • Momentum indicators are bullish - RSI strong at 69.25, MACD supports upside and Stochs are biased higher.
     
  • Immediate resistance is located at  6.8585, close above could take it till 6.8615. 
     
  • On the downside, support is seen at 6.8376, and any break below will take it till 6.8338

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By FxWirePro Team