Thursday, October 15, 2026

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FxWirePro: USD/DKK steadies near 3-year peak, struggles to sustain above 6.9000

The Danish Krone slumped to a fresh near 3-year trough earlier in the session. USD/DKK is trading flat at 6.8974, having hit high of 6.9031 earlier, its highest since April 2017 Momentum indicators are bullish - RSI stro…

By FxWirePro Team
1 min read
FxWirePro: USD/DKK steadies near 3-year peak, struggles to sustain above 6.9000
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  • The Danish Krone slumped to a fresh near 3-year trough earlier in the session.
     
  • USD/DKK is trading flat at 6.8974, having hit high of 6.9031 earlier, its highest since April 2017
     
  • Momentum indicators are bullish - RSI strong at 75, MACD supports upside and Stochs are at overbought levels
     
  • Investors eye Denmak's consumer confidence data for cues on the strength of the economy. 
     
  • Immediate resistance is located at  6.9054, close above could take it till 6.9088. 
     
  • On the downside, support is seen at 6.8846, and any break below will take it till 6.8786.

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