Fibonacci Nordic Pairs: EUR/DKK Close to 38.2% Level
MarketsFN Team

Fibonacci retracement analysis for six Nordic currency pairs on Friday, 23 October 2026. The Swedish krona (SEK), Norwegian krone (NOK) and Danish krone (DKK) against both the US dollar and the euro. Daily and 30-minute timeframes are shown for each pair with key levels at 23.6%, 38.2%, 50%, 61.8% and 78.6%.
USD/SEK β Daily Fibonacci
Uptrend β Β· Current: 9.9146

USD/SEK is in an uptrend at 9.9146, with key Fibonacci supports at 9.5957 (38.2%), 9.4389 (50.0%), and 9.2821 (61.8%). The pair remains bullish above these levels, but a break below 9.2821 could signal a deeper correction. The 38.2% retracement at 9.5957 is the nearest support to monitor for potential buying opportunities. The uptrend remains intact unless these key levels are breached decisively.
USD/SEK β 30-min Fibonacci
Downtrend β Β· Current: 9.9160

USD/SEK is in a downtrend at 9.916, facing resistance at 10.0027 (61.8%), 9.9755 (50.0%), and 9.9483 (38.2%). A break above 10.0027 could shift momentum bullish. The 61.8% level at 10.0027 is critical; failure to breach it may reinforce the downtrend. Sellers dominate below these Fib levels, with downside targets likely if resistance holds.
USD/NOK β Daily Fibonacci
Downtrend β Β· Current: 9.3273

USD/NOK is in a downtrend at 9.3273, with resistance at 9.8583 (61.8%), 9.7225 (50.0%), and 9.5868 (38.2%). The bearish bias persists below these levels. A break above 9.5868 could signal a short-term rebound, but the downtrend remains dominant. The 61.8% level at 9.8583 is a key hurdle for any bullish reversal.
USD/NOK β 30-min Fibonacci
Downtrend β Β· Current: 9.3273

USD/NOK is in a downtrend at 9.3273, with resistance at 9.4938 (61.8%), 9.4558 (50.0%), and 9.4178 (38.2%). The pair remains bearish below these levels. A break above 9.4178 could ease selling pressure, but the 61.8% level at 9.4938 is the key resistance. Sellers are in control unless these Fib levels are breached.
USD/DKK β Daily Fibonacci
Uptrend β Β· Current: 6.6670

USD/DKK is in an uptrend at 6.667, with supports at 6.529 (38.2%), 6.4682 (50.0%), and 6.4074 (61.8%). The bullish trend holds above these levels. The 38.2% retracement at 6.529 is the nearest support. A break below 6.4074 could signal a deeper pullback, but the uptrend remains intact for now.
USD/DKK β 30-min Fibonacci
Downtrend β Β· Current: 6.6670

USD/DKK is in a downtrend at 6.667, with resistance at 6.6906 (61.8%), 6.6795 (50.0%), and 6.6685 (38.2%). The 38.2% level at 6.6685 is current resistance. A break above 6.6906 could shift momentum bullish, but sellers dominate below these levels. The downtrend persists unless resistance is breached.
MarketsFN Tools
Explore Fibonacci Levels & Learn Forex Trading
Use our interactive Fibonacci Levels Tool to analyse any major forex pair in real time β daily or intraday β and accelerate your learning with our free Forex Trading Course.
EUR/SEK β Daily Fibonacci
Uptrend β Β· Current: 11.1149

EUR/SEK is in an uptrend at 11.1149, with supports at 11.034 (38.2%), 10.9318 (50.0%), and 10.8296 (61.8%). The bullish trend remains above these levels. The 38.2% retracement at 11.034 is key support. A break below 10.8296 could signal a deeper correction, but the uptrend is intact for now.
EUR/SEK β 30-min Fibonacci
Downtrend β Β· Current: 11.1161

EUR/SEK is in a downtrend at 11.1161, facing resistance at 11.1665 (61.8%), 11.1514 (50.0%), and 11.1363 (38.2%). The pair remains bearish below these levels. A break above 11.1665 could shift momentum bullish, but sellers dominate unless resistance is breached. The downtrend persists for now.
EUR/NOK β Daily Fibonacci
Downtrend β Β· Current: 10.4577

EUR/NOK is in a downtrend at 10.4577, with resistance at 11.415 (61.8%), 11.2309 (50.0%), and 11.0468 (38.2%). The bearish bias holds below these levels. A break above 11.0468 could ease selling pressure, but the downtrend remains dominant. The 61.8% level at 11.415 is a key hurdle for bulls.
EUR/NOK β 30-min Fibonacci
Downtrend β Β· Current: 10.4591

EUR/NOK is in a downtrend at 10.4591, facing resistance at 10.6214 (61.8%), 10.5888 (50.0%), and 10.5562 (38.2%). The pair remains bearish below these levels. A break above 10.5562 could signal a short-term rebound, but the downtrend persists unless resistance is breached.
EUR/DKK β Daily Fibonacci
Uptrend β Β· Current: 7.4749

EUR/DKK is in an uptrend at 7.4749, with supports at 7.4712 (38.2%), 7.4696 (50.0%), and 7.4681 (61.8%). The bullish trend holds above these levels. The 38.2% retracement at 7.4712 is key support. A break below 7.4681 could signal a pullback, but the uptrend remains intact for now.
EUR/DKK β 30-min Fibonacci
Uptrend β Β· Current: 7.4749

EUR/DKK is in an uptrend at 7.4749, with current levels at 7.4753 (38.2%), 7.4748 (50.0%), and 7.4743 (61.8%). The pair remains bullish above these levels. A break below 7.4743 could signal a short-term correction, but the uptrend persists unless support is breached decisively.
Dashboard
Insider Trading
Track real-time SEC Form 4 filings β see what company insiders are buying and selling.
Dashboard
Hedge Funds 13F Tracker
Monitor quarterly 13F filings β discover what the world's top hedge funds are holding.
Disclaimer
This article is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell any financial instrument. Fibonacci retracement levels are technical analysis tools used to identify potential support and resistance zones. All trading involves risk, including the possible loss of principal. Past performance is no guarantee of future results. You are solely responsible for your own investment decisions.





