- The Danish Krone plunged to a 5-day low, hovering further away from a near 2-month peak hit earlier in the week following worse-than-expected consumer confidence data.
- Denmark's consumer confidence index declined to 1.7 in October from 4.3 in the previous month, its weakest reading since December 2016
- USD/DKK is currently trading up at 6.7151, having hit low of 6.6829 on Monday, its lowest since August 26.
- Momentum indicators are turning bullish - Stochs are biased higher.
- Immediate resistance is located at 6.7253 (38.2% retracement of 6.7969 and 6.6829), close above could take it till 6.7389 (50% retracement).
- On the downside, support is seen at 6.6914, and any break below will take it till 6.6790
Recommendation: Good to buy on dips around 6.7160, with stop loss of 6.7063 and target price of 6.7389.


FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY dips to hit three year low,scope for further downside
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support 



