Majors

EUR/USD: LONG AT 1.2295 FOR 1.2477 OBJECTIVE, STOP 1.2243

USD/JPY: REVISE BUY AT 118.05 FOR 121.00; REVISE STOP AT 117.20

GBP/USD: SHORT AT 1.5619 FOR 1.5427; STOP AT 1.5700

USD/CHF: LONG AT .9775 FOR .9972; STOP AT .9690

AUD/USD: SHORT AT .8566 FOR .8066, STOP AT .8245

USD/CAD: LONG AT 1.1435 FOR REVISED 1.1790; REVISE STOP AT 1.1545


Crosses

EUR/JPY: SELL AT 147.40 FOR 144.73; STOP AT 147.95

EUR/GBP: SELL AT .7890 FOR .7756; STOP AT .7955

EUR/CHF: POSSIBLY BUY

EUR/CAD: SELL AT 1.4370 FOR 1.4010 OBJ, STOP 1.4480

GBP/JPY: BUY AT 185.35 FOR 189.70; STOP AT 184.35

NZD/USD: SHORT AT .7750 FOR REVISED .7503; STOP AT .7815

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

USD/JPY crashes nearly 450 pips to 155.50 on likely Japanese intervention

USD/JPY crashes nearly 450 pips to 155.50 on likely Japanese intervention

Having briefly recaptured 160.00, USD/JPY came under intense selling to test 155.00 on what seems like a Japanese FX intervention underway. The Yen tumbled in early trades amid news that Japan's PM lost 3 key seats in the by-election. Holiday-thinned trading exaggerates the USD/JPY price action. 

USD/JPY News

AUD/USD rallies toward 0.6600 on risk flows, hawkish RBA expectations

AUD/USD rallies toward 0.6600 on risk flows, hawkish RBA expectations

AUD/USD extends gains toward 0.6600 in the Asian session on Monday. The Aussie pair is underpinned by increased bets of an RBA rate hike at its May policy meeting after the previous week's hot Australian CPI data. Risk flows also power the pair's upside. 

AUD/USD News

Gold tests critical daily support line, will it defend?

Gold tests critical daily support line, will it defend?

Gold price is seeing a negative start to a new week on Monday, having booked a weekly loss. Gold price bears the brunt of resurgent US Dollar (USD) demand and a risk-on market mood amid Japanese holiday-thinned market conditions.

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