Majors

EUR/USD: LONG AT 1.1383 FOR 1.1534 OBJECTIVE, STOP AT 1.1298

USD/JPY: LONG AT 118.70 FOR 120.48; STOP AT 117.98

GBP/USD: LONG AT 1.5325 FOR REVISED 1.5541; REVISE STOP AT 1.5335

USD/CHF: LONG AT .8755 FOR REVISED .9602; STOP RAISED to .9345

AUD/USD: LONG AT .7775 FOR .7907; STOP AT .7715

USD/CAD: BUY AT 1.2475 FOR 1.2697 STOP AT 1.2416


Crosses

EUR/JPY: LONG AT 135.05 FOR 137.64; STOP AT 133.90

EUR/GBP: LONG AT .7397 FOR .7574; STOP AT .7342

EUR/CHF: LONG AT 1.0510 FOR REVISED 1.1002; STOP AT 1.0629

EUR/CAD: POSS BUY

GBP/JPY: LONG AT 182.00 FOR 187.30; REVISED STOP AT 181.45

NZD/USD: BUY AT .7475 FOR .7619; STOP AT .7405

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

AUD/USD pressures as Fed officials hold firm on rate policy

AUD/USD pressures as Fed officials hold firm on rate policy

The Australian Dollar is on the defensive against the US Dollar, as Friday’s Asian session commences. On Thursday, the antipodean clocked losses of 0.21% against its counterpart, driven by Fed officials emphasizing they’re in no rush to ease policy. The AUD/USD trades around 0.6419.

AUD/USD News

EUR/USD extends its downside below 1.0650 on hawkish Fed remarks

EUR/USD extends its downside below 1.0650 on hawkish Fed remarks

The EUR/USD extends its downside around 1.0640 after retreating from weekly peaks of 1.0690 on Friday during the early Asian session. The hawkish comments from Federal Reserve officials provide some support to the US Dollar.

EUR/USD News

Gold price edges higher on risk-off mood hawkish Fed signals

Gold price edges higher on risk-off mood hawkish Fed signals

Gold prices advanced late in the North American session on Thursday, underpinned by heightened geopolitical risks involving Iran and Israel. Federal Reserve officials delivered hawkish messages, triggering a jump in US Treasury yields, which boosted the Greenback.

Gold News

Runes likely to have massive support after BRC-20 and Ordinals frenzy

Runes likely to have massive support after BRC-20 and Ordinals frenzy

With all eyes peeled on the halving, Bitcoin is the center of attention in the market. The pioneer cryptocurrency has had three narratives this year already, starting with the spot BTC exchange-traded funds, the recent all-time high of $73,777, and now the halving.

Read more

Billowing clouds of apprehension

Billowing clouds of apprehension

Thursday marked the fifth consecutive session of decline for US stocks as optimism regarding multiple interest rate cuts by the Federal Reserve waned. The downturn in sentiment can be attributed to robust economic data releases, prompting traders to adjust their expectations for multiple rate cuts this year.

Read more

Majors

Cryptocurrencies

Signatures