Thursday, October 15, 2026

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FxWirePro: USD/DKK halts 2-day losing streak, faces resistance at 10-DMA

The Danish Krone eased, hoverning away from a 2 year-peak hit last week as the greenback attempted a minor recovery across the board. The dollar index steadied near a 2-year low as markets waited for U.S. jobs data and u…

By FxWirePro Team
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FxWirePro: USD/DKK halts 2-day losing streak, faces resistance at 10-DMA
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  • The Danish Krone eased, hoverning away from a 2 year-peak hit last week as the greenback attempted a minor recovery across the board.
     
  • The dollar index steadied near a 2-year low as markets waited for U.S. jobs data and updates about fiscal aid negotiations in Washington.
     
  • USD/DKK is trading 0.2 percent higher at 6.2893, having hit low of 6.2509 on Thursday, its lowest since May 2018.
     
  • The pair continues to face major resistance at 10-DMA. 
     
  • Immediate resistance is located at  6.3057 (5-DMA), close above could take it till 6.3220 (7-EMA). 
     
  • On the downside, support is seen at 6.2505 and any break below will take it till 6.2353. 

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By FxWirePro Team