Majors

EUR/USD: SHORT AT 1.2695 FOR 1.2501 INITIAL OBJECTIVE, STOP 1.2758

USD/JPY: LONG AT 107.30 FOR REVISED 109.25; STOP RAISED AT 107.35

GBP/USD: BUY AT 1.6070 FOR 1.6226; STOP AT 1.5990

USD/CHF: LONG AT .9518 FOR .9625 OBJECTIVE, STOP .9471

AUD/USD: POSSIBLY SELL HIGHER

USD/CAD: LONG AT 1.1205 FOR 1.1418 STOP AT 1.1145


Crosses

EUR/JPY: LONG AT 136.80 FOR 138.20; REVISED STOP AT 136.48

EUR/GBP: SHORT AT .7920 FOR INITIAL .7851 OBJECTIVE; STOP AT .7950

EUR/CHF: SHORT AT 1.2080 FOR 1.2021; STOP AT 1.2099

EUR/CAD: SHORT AT 1.4225 FOR 1.3855 STOP AT 1.4305

GBP/JPY: LONG AT 173.50 FOR 175.15; STOP AT 172.90

NZD/USD: SHORT AT .7880 FOR .7670; STOP AT .7950

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 weak below 1.0800 amid Good Friday lull, ahead of US PCE

EUR/USD trades weak below 1.0800 amid Good Friday lull, ahead of US PCE

EUR/USD remains depressed below 1.0800 after soft French inflation data, amid minimal volatility and thin liquidity on Good Friday. The pair keenly awaits the US PCE inflation data and Fed Chair Powell's speech for fresh hints on next week's price action. 

EUR/USD News

GBP/USD holds steady above 1.2600 as markets stay calm on Good Friday

GBP/USD holds steady above 1.2600 as markets stay calm on Good Friday

GBP/USD trades sideways above 1.2600 amid a typical Good Friday trading lull. A broadly firmer US Dollar could keep any upside attempts limited in the pair ahead of the US PCE inflation data and Fed Chair Powell's appearance. 

GBP/USD News

Gold price sits at all-time highs above $2,230, US PCE eyed

Gold price sits at all-time highs above $2,230, US PCE eyed

Gold price hit all-time highs at $2,236 on Thursday to finish Q1 2024 with a bang. Most major world markets, including the US are closed due to Holy Friday, leaving volatility around Gold price highly subdued. US PCE inflation and Powell are awaited. 

Gold News

Jito price could hit $6 as JTO coils up inside this bullish pattern

Jito price could hit $6 as JTO coils up inside this bullish pattern

Jito (JTO) price has been on an uptrend since forming a local bottom in early January. Since then, JTO has revisited the key swing point formed in early December, suggesting the bulls’ intention to move higher.

Read more

Key events in developed markets next week

Key events in developed markets next week

Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.

Read more

Majors

Cryptocurrencies

Signatures