{"id":7398,"date":"2010-03-08T09:29:03","date_gmt":"2010-03-08T14:29:03","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=7398"},"modified":"2010-03-08T09:29:03","modified_gmt":"2010-03-08T14:29:03","slug":"has-usddkk-reached-its-peak","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/03\/08\/has-usddkk-reached-its-peak\/","title":{"rendered":"Has USD\/DKK Reached Its Peak"},"content":{"rendered":"<p><strong>By Anton Eljwizat<\/strong><\/p>\n<p>\u2022\tBelow is the weekly chart of the USD\/DKK currency pair.<\/p>\n<p>\u2022\tThe technical indicators used are the Slow Stochastic, Relative Strength Index (RSI) and MACD.<\/p>\n<p>\u2022 Point1: The RSI signals that the price of this pair currently floats in the over-bought territory, indicating downward pressure.<\/p>\n<p>\u2022\tPoint 2: The Slow Stochastic indicates a bearish cross, signaling that the next move may be in a downward direction.<\/p>\n<p>\u2022 Point 3: The MACD indicates an impending bearish cross, which may signal a downward movement is going to occur in the near future.<\/p>\n<p>\u2022\tForex traders can take advantage of this impending movement by having their Entry Orders in place to capture this reversal.<\/p>\n<p><strong>USD\/DKK Weekly Chart<\/strong><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/03\/USD-DKK-8-3.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/03\/USD-DKK-8-3.JPG\" alt=\"\" width=\"472\" height=\"612\" \/><\/a><\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex Yard.<\/strong><\/a><\/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>By Anton Eljwizat &#8211; The RSI signals that the price of this pair currently floats in the over-bought territory, indicating downward 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-7398","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7398","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=7398"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/7398\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=7398"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=7398"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=7398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}