{"id":11445,"date":"2010-07-27T10:11:46","date_gmt":"2010-07-27T14:11:46","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=11445"},"modified":"2010-07-27T10:11:46","modified_gmt":"2010-07-27T14:11:46","slug":"usddkk-provides-signs-for-reversal","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/07\/27\/usddkk-provides-signs-for-reversal\/","title":{"rendered":"USD\/DKK Provides Signs for Reversal"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p>\u2022\tBelow is the 8-hour chart of the USD\/DKK currency pair.<\/p>\n<p>\u2022\tThe technical indicators used are the Slow Stochastic, and Relative Strength Index (RSI) and Williams Percent Range.<\/p>\n<p>\u2022\tPoint 1:  There is a \u201cdoji\u201d candlestick that has formed on the chart, indicating that a reversal should take place.<\/p>\n<p>\u2022\tPoint 2: The Slow Stochastic indicates an impending bullish cross,  which may signal an upward movement is going to occur in the near  future.<\/p>\n<p>\u2022\tPoint 3: The Relative Strength Index (RSI) signals that the price  of this pair currently floats in the over-sold territory, indicating  upward pressure.<\/p>\n<p>\u2022\tPoint 4: The Williams Percent Range has peaked near at the -100  marker, which means that there may actually be a strong level of upward  pressure.<\/p>\n<p><strong>USD\/DKK 8-Hour Chart<\/strong><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/07\/USD-DKK-27-7.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/07\/USD-DKK-27-7.JPG\" alt=\"\" width=\"508\" height=\"617\" \/><\/a><\/p>\n<p><em><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex Market Analysis provided by Forex                               Yard.<\/a><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                    may not be suitable for all  investors.       There    is  a              possibility      that      you   could       sustain a  loss   of  all   of    your          investment and            therefore  you        should   not    invest    money  that   you            cannot afford to         lose. You     should    be      aware of     all       the    risks      associated  with     Foreign       Exchange        trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Williams Percent Range has peaked near at the -100 marker, which means that there may actually be a strong level of upward pressure. The Relative Strength Index (RSI) signals that the price of this pair currently floats in the over-sold territory, indicating upward pressure&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11445","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11445","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=11445"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/11445\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=11445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=11445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=11445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}