Majors

EUR/USD: SHORT AT 1.3856 FOR 1.3796 OBJECTIVE, REVISED STOP 1.3822

USD/JPY: RAISE BUY AT 102.10 FOR INITIAL 102.80 OBJECTIVE, STOP101.79

GBP/USD: LONG AT 1.6700 FOR 1.6879; STOP AT 1.6615

USD/CHF: POSS SELL .8840/45, AWAIT SIGNAL

AUD/USD: LONG AT .9350 FOR .9523; STOP AT .9290

USD/CAD: BUY AT 1.0970 FOR 1.1078; STOP AT 1.0917


Crosses

EUR/JPY: RAISE BUY AT 140.94 FOR 141.88 OBJECTIVE, STOP 140.06

EUR/GBP: POSSIBLY BUY

EUR/CHF: SELL AT 1.2170 FOR 1.2102; STOP AT 1.2210

EUR/CAD: POSSIBLY BUY

GBP/JPY: LONG AT 169.90 FOR 172.50; REVISED STOP AT 169.40

NZD/USD: LONG AT .8620 FOR .8785; STOP AT .8565

This publication has been prepared by Danske Bank for information purposes only. It is not an offer or solicitation of any offer to purchase or sell any financial instrument. Whilst reasonable care has been taken to ensure that its contents are not untrue or misleading, no representation is made as to its accuracy or completeness and no liability is accepted for any loss arising from reliance on it. Danske Bank, its affiliates or staff, may perform services for, solicit business from, hold long or short positions in, or otherwise be interested in the investments (including derivatives), of any issuer mentioned herein. Danske Bank's research analysts are not permitted to invest in securities under coverage in their research sector.
This publication is not intended for private customers in the UK or any person in the US. Danske Bank A/S is regulated by the FSA for the conduct of designated investment business in the UK and is a member of the London Stock Exchange.
Copyright () Danske Bank A/S. All rights reserved. This publication is protected by copyright and may not be reproduced in whole or in part without permission.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD trades with negative bias, holds above 1.0700 as traders await US PCE Price Index

EUR/USD trades with negative bias, holds above 1.0700 as traders await US PCE Price Index

EUR/USD edges lower during the Asian session on Friday and moves away from a two-week high, around the 1.0740 area touched the previous day. Spot prices trade around the 1.0725-1.0720 region and remain at the mercy of the US Dollar price dynamics ahead of the crucial US data.

EUR/USD News

USD/JPY jumps above 156.00 on BoJ's steady policy

USD/JPY jumps above 156.00 on BoJ's steady policy

USD/JPY has come under intense buying pressure, surging past 156.00 after the Bank of Japan kept the key rate unchanged but tweaked its policy statement. The BoJ maintained its fiscal year 2024 and 2025 core inflation forecasts, disappointing the Japanese Yen buyers. 

USD/JPY News

Gold price flatlines as traders look to US PCE Price Index for some meaningful impetus

Gold price flatlines as traders look to US PCE Price Index for some meaningful impetus

Gold price lacks any firm intraday direction and is influenced by a combination of diverging forces. The weaker US GDP print and a rise in US inflation benefit the metal amid subdued USD demand. Hawkish Fed expectations cap the upside as traders await the release of the US PCE Price Index.

Gold News

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei price has been in recovery mode for almost ten days now, following a fall of almost 65% beginning in mid-March. While the SEI bulls continue to show strength, the uptrend could prove premature as massive bearish sentiment hovers above the altcoin’s price.

Read more

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase. 

Read more

Majors

Cryptocurrencies

Signatures