Majors

EUR/USD: LONG AT 1.3852 FOR 1.3979 OBJECTIVE, REVISED STOP 1.3875

USD/JPY: BUY AT 102.49 FOR 103.43 OBJECTIVE, STOP 102.06

GBP/USD: REVISE BUY AT 1.6640 FOR REVISED 1.6787; STOP AT 1.6560

USD/CHF: SHORT AT .8800 FOR .8651; REVISE STOP AT .8806

AUD/USD: POSSIBLY LOOKING TO BUY

USD/CAD: LONG AT 1.1100 FOR 1.1225 REVISED STOP AT 1.1065


Crosses

EUR/JPY: LONG AT 142.55 FOR 145.08 OBJECTIVE, REVISED STOP 142.20

EUR/GBP: BUY LOWER

EUR/CHF: SELL AT 1.2175 FOR 1.2102; STOP AT 1.2201

EUR/CAD: SHORT AT 1.5440 FOR 1.5300 OBJ, STOP 1.5510

GBP/JPY: LOOK TO BUY

NZD/USD: LONG AT .8260 FOR REVISED .8643; STOP AT .8455

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 rises toward 1.0800 on USD weakness

EUR/USD rises toward 1.0800 on USD weakness

EUR/USD trades in positive territory above 1.0750 in the second half of the day on Monday. The US Dollar struggles to find demand as investors reassess the Fed's rate outlook following Friday's disappointing labor market data. 

EUR/USD News

GBP/USD closes in on 1.2600 as risk mood improves

GBP/USD closes in on 1.2600 as risk mood improves

Following Friday's volatile action, GBP/USD pushes higher toward 1.2600 on Monday. Soft April jobs report from the US and the improvement seen in risk mood make it difficult for the US Dollar to gather strength.

GBP/USD News

Gold gathers bullish momentum, climbs above $2,320

Gold gathers bullish momentum, climbs above $2,320

Gold trades decisively higher on the day above $2,320 in the American session. Retreating US Treasury bond yields after weaker-than-expected US employment data and escalating geopolitical tensions help XAU/USD stretch higher.

Gold News

Addressing the crypto investor dilemma: To invest or not? Premium

Addressing the crypto investor dilemma: To invest or not?

Bitcoin price trades around $63,000 with no directional bias. The consolidation has pushed crypto investors into a state of uncertainty. Investors can expect a bullish directional bias above $70,000 and a bearish one below $50,000.

Read more

Three fundamentals for the week: Two central bank decisions and one sensitive US Premium

Three fundamentals for the week: Two central bank decisions and one sensitive US

The Reserve Bank of Australia is set to strike a more hawkish tone, reversing its dovish shift. Policymakers at the Bank of England may open the door to a rate cut in June.

Read more

Majors

Cryptocurrencies

Signatures