- The Danish Krone retreated from a 1-1/2 week trough on better-than-expected retail sales figures.
- Denmark's retail sales increased by 1.2 percent year-on-year in October, following a downwardly revised 0.1 percent rise in the previous month.
- However, the rebound in the Danish currency appears limited as on monthly basis retail sales declined 0.3 percent in October from 0.1 percent recorded in September.
- USD/DKK is currently trading down at 6.7812, having hit high of 6.7901 on Monday, its highest since November 14.
- Momentum indicators are bearish on hourly charts - RSI weak at 47.44, MACD supports downside and Stochs are biased lower.
- Immediate resistance is located at 6.7945, close above could take it till 6.7993
. - On the downside, support is seen at 6.7759, and any break below will take it till 6.7685 (10-DMA).
Recommendation: Good to sell on rallies around 6.7835, with stop loss of 6.7945, and target price of 6.7685


FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro- Woodies pivot (Major)
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: AUD/USD gains some ground but outlook is bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro- Woodies pivot (Major)
NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
FxWirePro: USD/CAD retreats after Canada posts stronger-than-expected GDP growth
FxWirePro: EUR/ AUD dips below 1.6400 level, focus on near term support
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains 



