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BULLISH REGIME

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 6.80301 6.90032 6.95801

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

The USD/DKK pair is moving in a trendless dynamics . The chart analysis indicates the slightly bullish trend that can be supported by the Hidden Markov Models Analysis. The RSI momentum indicator is coherent with a trendless regime.

Daily Vision

The D1 scale indicates that the patttern is in a bullish dynamics with a resistanc…
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Durden avatar
Durden 2 Mar.

The chart analysis is coherent with a no bias regime domination.
The hidden markov indicator and the RSI is coherent with a slightly bullish regime.
The support line at 6.87 can suggest a retracement

Durden avatar
Durden 9 Mar.

HMM and RSI are coherent with a no bias regime, the chart analysis and the US economic release support the slightly bullish dynamics.

Durden avatar
Durden 23 Mar.

The chart analysis for the USD/DKK and Hidden Markov indicator are coherent with a bullish regime.
6.6703 as possible resistance zone.

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BULLISH

Weekly VISION
The pair USD/DKK is moving in a bullish dynamics with a resistance zone at 8.99. The indicator analysis indicates a slightly bullish dynamics and it can be supported by the Hidden Markov Models Analysis and the RSI momentum indicator. Standard Dev is relatively adeguate with a slightly bullish tendency. The chart can suggest a bearish retracement at the resistance zone.
Daily VISION
The D1 scale indicates that the patttern is in a bullish channel dynamics. The trend can lead to a p…
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BULLISH REGIME

INDICATORS
: RSI, Volatility, Volume, HMM

KEY PRICE LEVELS : 8.7030 8.88022 8.99

Weekly CHART PATTERN : resistance and support lines, W1 Chart.

Weekly VISION

The pair USD/DKK is moving in a bullish dynamics with a resistance zone at 8.99. The indicator analysis indicates a slightly bullish dynamics and it can be supported by the Hidden Markov Models Analysis and the RSI momentum indicator. Standard Dev is relatively adeguate with a slightly bullish tendency. The chart can suggest a bearish r…
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BULLISH REGIME

Weekly CHART PATTERN
: resistance and support lines, W1 Chart.

Weekly VISION

The pair USD/DKK is moving in a bullish dynamics with a resistance zone at 8.99. The indicator analysis indicates a slightly bullish dynamics and it can be supported by the Hidden Markov Models Analysis and the RSI momentum indicator. Standard Dev is relatively adeguate with a slightly bullish tendency. The chart can suggest a bearish retracement at the resistance zone.

Daily VISION
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USD/DKK bullish trend


CHART SCALE
: Weekly
INDICATORS: Parabolic Sar, Money Flow Index, Linear Regression Slope
SUPPORT LEVELS : 7.12683 - 7.29030
RESISTANCE LEVELS: 6.88777
PAIR ANALYSIS :
The USD/DKK is in a bullish trend tendency. Since beginning of 15/10/2015 the currency pair has been dominated by a bullish position tendency with few corrections along the pattern. As indicated in fig 1 the pattern cross the resistance line as indicated in fig 1.
The Linear Regression Slope around 0.00182 and the configuration o…
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foreignexchange avatar

Comment 1 - The asian session can open with not so much volatility.  The releases about USD and the Interest rate decision can support a trendless zone for the pair  USD/DKK .
The linear regression slope and the parabolic sar seem to support this trendless support.

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Comment 2 -  The chart analysis and the linear regression slope seems to be trendless dominated.  Also the parabolic sar and the money flow index seem to suggest a slightly tendency. At the opening of the Asian session it could be possible  a trendless forecast for the USD/DKK
.  The standard deviation that measure the dispersion of the data suggest a contained volatility of the tendency.

foreignexchange avatar

Comment  3 - At the opening of the European session  the pair  USD/DKK  seems to be in bullish tendency.  The Parabolic Sar is in accordance with the slightly bullish forecast. The linear regression slope at 0.001  suggest the possibility of a slightly bullish pattern. The objective for the US session opening could be in agreement with a +0.003%.

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USD/DKK to Continue Range

The USD/DKK gained about 1.4 percent in October. We seem to have a nice momentum move higher right now. But on a long-term perspective the pair remains firmly in a range. We can see on the chart below that the Danish Krone has been in this range since the start of February.
Prices are currently situated right in the middle of that range. Furthermore, the rally has been losing steam, as we can see on the chart below. All of this leads me to believe that we wont see major changes in the USD/DKK ne…
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The USD/DKK to Remain in a Range

The USD/DKK has remained in a range since January, for a total of 8 months now. On January 25th we opened the week at 6.6782 and right now we are trading at 6.6760. This 20 pips difference in this pair is nothing. It's the equivalent to about 4-5 Euro pips.
While ranges don't last forever, there is no reason to bet that this one will end in October. Even during September we've seen the USD/DKK trade mostly unchanged. On September 1st we opened at 6.6472 and we look set to close the month near 6.…
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TRIANGLE USD/DKK

Indicators: RSI, Volatility, Volume, HMM Key price levels : 6.5528 - 6.5798 - 6.7298
Weekly Charts pattern : resistance line , W1 Chart.
Weekly Vision

The pair is moving in a triangle dynamics . The chart analysis indicates the possible retracement at the resistance line. The trendless regime can be supported by the Hidden Markov Models Analysis. Also the indicators RSI, volume and volatility are compatible with the forecast triangle figure.
Daily Vision

The D1 scale indicate…
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foreignexchange avatar

Great analysis.

Durden avatar
Durden 2 Oct.

The USD/DKK is in a slightly bullish tendency. The USD positive bias can be improved by the NFP release. The hidden state target is evaluated at + 1% at US closing market.

Durden avatar
Durden 8 Oct.

The pair shows a bearish regime. Also Hidden markov model and RSI support the -1% of the USD pair again the counterpart.
US Fundamental suggest the sell side regime.

Durden avatar
Durden 12 Nov.

HMM analysis in chart H4 shows a  trendless bias. The chart analysis integrated with the RSI and the volatility studies are coherent with a slightly selling market side forecast. The pair  USD/DKK  pattern  can have a +0.02  %  as forecast  at the Asian session opening.

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USD/DKK to Stay Put

The USD/DKK had a wild ride in August. First we fell by 6 percent, then rallied by 4.5%. The chart below demonstrates the madness that was the month of August. But in trading it’s easy to miss the forest for the trees.
Let’s zoom in a bit. The chart below shows the USD/DKK for this year. Notice that since January 20th or so we’ve basically stayed around the current price of 6.65 Euros for one Danish Krone. Sure we moved above this level by a large margin, as well as below it. But ultimately the…
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al_dcdemo 30 Sep.

Great analysis, decent accuracy, well done!

Vitalinka_Pavlenko avatar

Great! Wonderfull job!

fxsurprise8 avatar

Things are not looking good for this forecast. The general bout of risk aversion, coupled with strong month and quarter-end flows led to a large USD rally. This in turn pushed the USD/DKK substantially above my 6.6522 target, currently at 6.6920.

AnnaVer1 avatar
AnnaVer1 2 Oct.

Interesting and professional!

Polinaria avatar

Great analysis-)

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No Major Changes for the USD/DKK

The USD/DKK had an uneventful July. We opened the month at 6.6980 and we are currently quoted at 0.7923, barely up 1 percent. The Summer dulldrums kept the pair within a tight range. Rallies near the 6.90 mark we quickly sold off and lows were bought up in the 6.65 / 6.70 area.
But even going further back prices were undecided. The daily chart below shows that this pair has stayed in a range since the middle of March. After reaching a high of 7.1254 that month and a low of 6.5080 back in May, th…
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