Danske Research Team
Danske Bank A/S
Interested in more FX key technical levels? Take a look at Luc Luyet's daily technical outlook.
Majors
EUR/USD: SHORT AT 1.1269 FOR 1.1017, STOP 1.1333
USD/JPY: REVISE BUY AT 120.20 FOR 123.13, STOP AT 119.66
GBP/USD: LONG AT 1.5160 FOR 1.5318; STOP AT 1.5085
USD/CHF: LONG AT .9695 FOR .9903, STOP .9639
AUD/USD: BUY AT .7045 FOR .7232; STOP AT .6980
USD/CAD: SELL AT 1.3215 FOR 1.2862; STOP AT 1.3285
Crosses
EUR/JPY: SELL AT 134.93 FOR 133.16, STOP 135.75
EUR/GBP: LONG AT .7375 FOR REVISED .7501 OBJECTIVE; STOP AT .7300
EUR/CHF: LONG AT 1.0910 FOR 1.1186; STOP AT 1.0823
EUR/CAD: SELL AT 1.4735 FOR 1.4387; STOP AT 1.4825
GBP/JPY: SHORT AT 182.00 FOR 179.32, STOP AT 183.43
NZD/USD: LONG AT .6480 FOR .6709; STOP AT .6420
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
Editors’ Picks
EUR/USD extends gains above 1.0700, focus on key US data
EUR/USD meets fresh demand and rises toward 1.0750 in the European session on Thursday. Renewed US Dollar weakness offsets the risk-off market environment, supporting the pair ahead of the key US GDP and PCE inflation data.
GBP/USD extends recovery above 1.2500, awaits US GDP data
GBP/USD is catching a fresh bid wave, rising above 1.2500 in European trading on Thursday. The US Dollar resumes its corrective downside, as traders resort to repositioning ahead of the high-impact US advance GDP data for the first quarter.
Gold price edges higher amid weaker USD and softer risk tone, focus remains on US GDP
Gold price (XAU/USD) attracts some dip-buying in the vicinity of the $2,300 mark on Thursday and for now, seems to have snapped a three-day losing streak, though the upside potential seems limited.
Injective price weakness persists despite over 5.9 million INJ tokens burned
Injective price is trading with a bearish bias, stuck in the lower section of the market range. The bearish outlook abounds despite the network's deflationary efforts to pump the price.
US Q1 GDP Preview: Economic growth set to remain firm in, albeit easing from Q4
The United States Gross Domestic Product (GDP) is seen expanding at an annualized rate of 2.5% in Q1. The current resilience of the US economy bolsters the case for a soft landing.