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:Eur/dkk
today currency trend is :
Resistance and Supporting level is :
Current price is: 7.4635
1> Resistance Level is :7.4649
2>Resistance Level is : 7.4660
3>Resistance Level is:7.4672
Daily supporting level
1> Supporting Level is : 7.4620
2>Supporting Level is: 7.4609
3>Supporting Level is: 7.4598
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Eur/dkk
today currency trend is :
Resistance and Supporting level is :
Current price is: 7.4637
1> Resistance Level is :7.4648
2>Resistance Level is : 7.4662
3>Resistance Level is:7.4674
Daily supporting level
1> Supporting Level is : 7.4622
2>Supporting Level is: 7.4606
3>Supporting Level is: 7.4597
Its my opinion that day.
Best of luck.
You trade lo risk.
Work work and work.
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Eur/dkk pair today.
After spending a great time on this pair I would be able to understand the trend of this pair. I am not 100% sure about it but it is my opinion only.
Trading recommendation for a big profit is… ( buy )
I use the moving average for analysis
Moving Average (period 60) Red: up
Moving Average (Period 10) Yellow: state
Moving Average: (Period 200) green: state
Crossing Point:7.4654
End point of today market: 7.4654
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Eurdkk analysis Today
Major support and resistance Points:
Support 7.4620
Support 7.4604
Support 7.4590
Resistance 7.4640
Resistance 7.4660
Resistance 7.4672
Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.
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Eurdkk analysis Today
Major support and resistance Points:
Support 7.4620
Support 7.4604
Support 7.4590
Resistance 7.4640
Resistance 7.4660
Resistance 7.4672
Risk Disclaimer: Trading in financial markets and foreign exchange market (Forex) includes the risks and the possibility of loss.
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Andreas Steno Larsen, Research Analyst at Nordea Markets, suggest that the upward pressure on EUR/DKK is likely to remain into 2019, which leaves an elevated risk of i) FX intervention by the Danish central bank, ii) an independent Danish rate hike (Independent Danish rate hike draws closer) if intervention proves insufficient.
Key Quotes
“As the upward pressure on EUR/DKK will intensify in the coming months, the market should start to price in the probability of an interest rate hike by the Danish central bank.”
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EUR/DKK
This is the forex quote for the Euro against the Danish Krone. In this quote, the value of one EUR (the 'base currency') is quoted in terms of DKK (the 'counter currency'). Denmark's economy is highly dependent on foreign trade, making it highly sensitive to developments that shape trends in external demand from its top trading partners, which are primarily European Union (EU) member states. Despite a referendum vote against joining the Eurozone in 2000, DKK remains pegged to EUR via the EU's 'exchange rate mechanism' (ERM II). The pair may likewise find volatility in news-flow related to the Eurozone debt crisis.
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Euro (Currency code: EUR)
Central bank: The European Central Bank
The euro is used by over 320 million Europeans and 17 nations in the eurozone (euro area).
Over 175 million people use currencies pegged to the euro, such as the Danish krona (DKK) and West African CFA franc (XOF).
Eurozone economies vary widely. Germany is the largest economy, and a leading world exporter. Other economies (Ireland, Greece) endure sovereign debt and severe government austerity measures.
More about the Euro
Danish Krone (Currency code: DKK)
Central bank: Danmarks Nationalbank
The Danish krone (meaning “crown”) is pegged to the euro.
Denmark preserves its currency through a special "opt-out" provision from the Maastricht Treaty. Danes rejected adopting the euro in referendums in 1993 and 2000.
Denmark has a thoroughly modern market economy. Its world-leading firms employ state-of-the-art high-tech in varied industries.
Exports include machinery and instruments, meat and dairy products, fish, pharmaceuticals, furniture, windmills.
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Daily analysis of currency pair is :Eur/dkk
today currency trend is :
Resistance and Supporting level is :
Current price is: 7.4658
1> Resistance Level is :7.4670
2>Resistance Level is : 7.4683
3>Resistance Level is:7.4696
Daily supporting level
1> Supporting Level is : 7.4640
2>Supporting Level is: 7.4627
3>Supporting Level is: 7.4613
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Daily analysis of currency pair is :Eur/dkk
today currency trend is :
Resistance and Supporting level is :
Current price is: 7.4658
1> Resistance Level is :7.4671
2>Resistance Level is : 7.4684
3>Resistance Level is:7.4697
Daily supporting level
1> Supporting Level is : 7.4641
2>Supporting Level is: 7.4628 thanks you good luck
3>Supporting Level is: 7.4614