EUR/DKK - Euro Danish Krone

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Latest EUR/DKK Comments

Michael Hillary May 18, 2017 10:54AM GMT

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Does anyone trade this pair ?

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herve galicher May 20, 2017 8:30AM GMT

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no interest at all, it is by control of the danish central bank almost always flat, and when it is tradable the spread is bigger than the average daily volatility, so completely useless to trade. and if you want to trade usddkk or dkkjpy etc ... it is completely equivalent in terms of moves to trade the same pair by replacing dkk by eur. the only BIG THING is : if one day the danish central bank removes the peg then we will see an enormous fall on eurdkk, but of course we won't be warned in advance for this day to come

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herve galicher May 20, 2017 8:40AM GMT

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surprisingly however all my assets are in DKK to protect from the day eur might collapse and my trading account is in DKK but i do not trade dkk itself, i keep an eye on this pair but i discourage you to try to trade this one, if you thought that eurdkk was a nice pair to trade because it is safe (flat without dangerous large deviation) you have forgotten the impact of large spread and big required margin asked on exotic pair (and eurdkk is an exotic pair). you should consider instead noksek or audnzd as a good candidate for stable pair without large deviation, reasonable spread and still real tradable moves

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Free Signals Sep 07, 2016 8:03AM GMT

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Sell EURDKK

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Feb 24, 2016 4:22AM GMT

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The EURUSD was indecisive yesterday but overall still able to maintain its bearish bias, made another lower high and low. The bias remains bearish in nearest term testing 1.0950 as a part of the bearish scenario after formed a shooting star formation as you can see on my daily chart below. A clear break and daily close below 1.0950 could trigger further bearish pressure targeting 1.0800 area. Immediate resistance remains around 1.1070 (former support). A clear break above that area could lead price to neutral zone in nearest term testing 1.1120 (visit my profile to get more details) but overall I prefer a bearish scenario at this phase and any upside pullback should be seen as a good opportunity to sell.

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