Danske Research Team
Danske Bank A/S
Majors
EUR/USD: SHORT AT 1.3615 FOR REVISED 1.3477; STOP AT 1.3695
USD/JPY: LONG AT 101.88 FOR 102.80; STOP AT 101.42
GBP/USD: LONG AT 1.6960 FOR 1.7105; STOP AT 1.6910
USD/CHF: LONG AT .8940 FOR .9064 OBJECTIVE, STOP .8882
AUD/USD: REVISED BUY TO .9360 FOR .9498; STOP AT .9309
USD/CAD: SELL AT 1.0790 FOR 1.0650; STOP AT 1.0831
Crosses
EUR/JPY: LONG AT 138.70 FOR 139.79; STOP AT 138.25
EUR/GBP: SHORT AT .8015 FOR .7887; STOP AT .8065
EUR/CHF: SHORT AT 1.2190 FOR 1.2141; STOP AT 1.2205
EUR/CAD: SHORT AT 1.4750 FOR 1.4410 OBJ, REVISED STOP 1.4680
GBP/JPY: LONG AT 171.10 FOR 174.85 INITIALLY; STOP AT 172.40
NZD/USD: LONG AT .8705 FOR REVISED .8842; STOP AT .8641
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USD/JPY stays firm above 156.00 after surging above this level on the Bank of Japan's decision to leave the policy settings unchanged. BoJ Governor said weak Yen was not impacting prices but added that they will watch FX developments closely.
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