Indicator | 4H | 1D | 1W |
MACD (12; 26; 9) | Sell | Sell | Buy |
RSI (14) | Neutral | Neutral | Neutral |
Stochastic (5; 3) | Neutral | Neutral | Neutral |
Alligator (13; 8; 5) | Neutral | Sell | Buy |
SAR (0.02; 0.2) | Buy | Sell | Sell |
Aggregate | ⇘ | ⇒ | ⇗ |
The Danish Krone has been appreciating against the US Dollar since the exchange rate reversed from the upper boundary of the long-term ascending channel at 6.5500. This movement has been bounded in the short-term ascending channel.
From a theoretical point of view, the general direction is expected to remain south as the currency pair targets the lower channel line located in the 6.4200/6.4400 range.
However, the pair's neat movement in the junior pattern suggest that its next movement should be north towards the upper channel line located the 6.5900 mark.