DKK’s Correction versus USD Likely to Continue
December 1, 2010 11:02 am by Natalie R.Following a strong bearish streak versus the USD over the past week, the DKK has begun a modest correction versus the greenback and it looks like the trend is likely to continue further.
Denmark May Raise Rates; Swedish Krona in Decline
November 9, 2010 9:59 pm by Greg HoldenThe liquidity exit of the European Central Bank (ECB) may soon drive regional rates higher than Denmark’s and subsequently dampen demand for the Danish krone (DKK). Despite their dependence on euro zone credit, Ireland, Greece, and Portugal may find themselves ...
USD/DKK Provides Signs for Reversal
July 27, 2010 3:53 pm by Anton EljwizatIn the last week of trading, the USD/DKK experienced much bearishness, as it now stands at 5.7140. However; it seems that this trend may be coming to an end. I will illustrate below that the USD/DKK may very well be ...
Bullish on the USD/DKK
June 23, 2010 12:29 pm by Russell GlaserThe USD/DKK daily chart below displays an increasing bullish trend with a major and a minor trend line. The slope for the second trend line is greater than the first and signals that the trend is increasing in its speed. ...
Kroner Gains on Euro-Zone as Volcanic Ash Disrupts Region
April 22, 2010 8:51 am by Greg HoldenFollowing a boost to the Scandinavian Kroner against the US Dollar, it appears that the greenback has undergone another short-term surge and has regained the upper hand against these currencies. The Danish Krone in particular has continued to decline against ...
USD/DKK Offers Trading Education Opportunity
April 6, 2010 3:30 pm by Greg HoldenGiven the thin trading conditions currently in the market, the Danish Krone appears to be offering a good opportunity to learn a good lesson about reading technical analysis. The chart displayed below is the 4-hour chart of the USD/DKK currency ...
Has USD/DKK Reached Its Peak
March 8, 2010 4:09 pm by Anton Eljwizat• Below is the weekly chart of the USD/DKK currency pair. • The technical indicators used are the Slow Stochastic, Relative Strength Index (RSI) and MACD.
Despite Greece Bailout, Scandinavian Currencies Outperform EUR
February 9, 2010 10:23 pm by Greg HoldenGiven the flurry of news surrounding Greece debt concerns, the EUR has surprised many with bullishness following the speculation of a Euro-Zone bailout of Greece, despite Germany's reluctance to acknowledge such an effort. While the 16-nation currency gained against its ...
USD/DKK Bearish Correction in the Making
February 3, 2010 11:18 am by Anton EljwizatLast week's bullish movement of the USD/DKK cross hasn’t received much support as of late. Below I will demonstrate that the USD/DKK pair has already commenced a downward trend for today, and the cross may tumble another 200-300 pips in ...
Swedish and Norwegian Kroner in Position to Gain Big!
December 29, 2009 11:00 am by Greg HoldenHeadline news this week seems to be the expectation of a vastly improving Swedish Krona. Analysts and investors from large firms such as UBS AG, UniCredit SpA, Danske Bank A/S, and Deutsche Bank AG all suggest going bullish on the ...
