Majors

EUR/USD: SHORT AT 1.2515 FOR 1.2396 OBJECTIVE, STOP 1.2579

USD/JPY: LOOK TO BUY LOWER

GBP/USD: LONG AT 1.5957 FOR 1.6186; STOP AT 1.5892

USD/CHF: LONG AT .9555 FOR REVISED .9790, RAISE STOP TO .9555

AUD/USD: SHORT AT .8735 FOR .8450, STOP AT .8683

USD/CAD: BUY AT 1.1340 FOR 1.1500 OBJ, STOP 1.1260


Crosses

EUR/JPY: LONG AT 142.10 FOR REVISED 144.43; RAISED STOP AT 142.80

EUR/GBP: SHORT AT .7920 FOR REVISED .7756; STOP AT .7930

EUR/CHF: SHORT AT 1.2080 FOR REVISED 1.2006; STOP AT 1.2075

EUR/CAD: LONG AT 1.4270 FOR 1.4500; STOP AT 1.4165

GBP/JPY: LONG AT 181.95 FOR REVISED 186.60; REVISED STOP AT 182.40

NZD/USD: SHORT AT .7695 STOPPED AT .7745

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: Federal Reserve and Nonfarm Payrolls spell action this week

EUR/USD: Federal Reserve and Nonfarm Payrolls spell action this week

The EUR/USD pair temporarily reconquered the 1.0700 threshold last week, settling at around that round level. The US Dollar lost its appeal following discouraging United States macroeconomic data indicating tepid growth and persistent inflationary pressures.

EUR/USD News

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD retreats to 1.2500 on renewed USD strength

GBP/USD lost its traction and turned negative on the day near 1.2500. Following the stronger-than-expected PCE inflation readings from the US, the USD stays resilient and makes it difficult for the pair to gather recovery momentum.

GBP/USD News

Gold: Strength of $2,300 support is an encouraging sign for bulls

Gold: Strength of $2,300 support is an encouraging sign for bulls

Gold price started last week under heavy bearish pressure and registered its largest one-day loss of the year on Monday. The pair managed to stage a rebound in the second half of the week but closed in negative territory. 

Gold News

Ethereum fees drops to lowest level since October, ETH sustains above $3,200

Ethereum fees drops to lowest level since October, ETH sustains above $3,200

Ethereum’s high transaction fees has been a sticky issue for the blockchain in the past. This led to Layer 2 chains and scaling solutions developing alternatives for users looking to transact at a lower cost. 

Read more

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Week ahead – Hawkish risk as Fed and NFP on tap, Eurozone data eyed too

Fed meets on Wednesday as US inflation stays elevated. Will Friday’s jobs report bring relief or more angst for the markets? Eurozone flash GDP and CPI numbers in focus for the Euro.

Read more

Majors

Cryptocurrencies

Signatures