Majors

EUR/USD: SHORT AT 1.2940 FOR REVISED 1.2611; REVISED STOP AT 1.2821

USD/JPY: LONG AT 108.60 FOR 110.67, REVISED STOP AT 108.22

GBP/USD: SHORT AT 1.6300 FOR 1.6052; REVISED STOP AT 1.6315

USD/CHF: LONG AT .9355 FOR REVISED .9569, REVISED STOP .9430

AUD/USD: SELL AT .8769 FOR .8544; STOP AT .8845

USD/CAD: LONG AT 1.1086 FOR 1.1279; REVISED STOP AT 1.1080


Crosses

EUR/JPY: SHORT AT 138.74 FOR 137.74 OBJECTIVE, REVISED STOP 139.10

EUR/GBP: SHORT AT .7850 FOR .7756; STOP AT .7900

EUR/CHF: POSSIBLY SELL

EUR/CAD: SHORT AT 1.4175 FOR 1.4015 OBJ, STOP 1.4250

GBP/JPY: LONG AT 177.80 FOR 182.00; STOP AT 175.95

NZD/USD: SELL AT .7855 FOR REVISED .7670; STOP AT .7915

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 stands firm above 0.6500 with markets bracing for Aussie PPI, US inflation

AUD/USD stands firm above 0.6500 with markets bracing for Aussie PPI, US inflation

The Aussie Dollar begins Friday’s Asian session on the right foot against the Greenback after posting gains of 0.33% on Thursday. The AUD/USD advance was sponsored by a United States report showing the economy is growing below estimates while inflation picked up. The pair traded at 0.6518.

AUD/USD News

EUR/USD mired near 1.0730 after choppy Thursday market session

EUR/USD mired near 1.0730 after choppy Thursday market session

EUR/USD whipsawed somewhat on Thursday, and the pair is heading into Friday's early session near 1.0730 after a back-and-forth session and complicated US data that vexed rate cut hopes.

EUR/USD News

Gold soars as US economic woes and inflation fears grip investors

Gold soars as US economic woes and inflation fears grip investors

Gold prices advanced modestly during Thursday’s North American session, gaining more than 0.5% following the release of crucial economic data from the United States. GDP figures for the first quarter of 2024 missed estimates, increasing speculation that the US Fed could lower borrowing costs.

Gold News

Ethereum could remain inside key range as Consensys sues SEC over ETH security status

Ethereum could remain inside key range as Consensys sues SEC over ETH security status

Ethereum appears to have returned to its consolidating move on Thursday, canceling rally expectations. This comes after Consensys filed a lawsuit against the US SEC and insider sources informing Reuters of the unlikelihood of a spot ETH ETF approval in May.

Read more

Bank of Japan expected to keep interest rates on hold after landmark hike

Bank of Japan expected to keep interest rates on hold after landmark hike

The Bank of Japan is set to leave its short-term rate target unchanged in the range between 0% and 0.1% on Friday, following the conclusion of its two-day monetary policy review meeting for April. The BoJ will announce its decision on Friday at around 3:00 GMT.

Read more

Majors

Cryptocurrencies

Signatures