Majors
EUR/USD: SELL AT 1.1430 FOR 1.1269 OBJECTIVE, STOP 1.1564
USD/JPY: LONG AT 117.60 FOR 119.97; REVISED STOP AT 117.16
GBP/USD: SHORT AT 1.5140 FOR REVISED 1.4886 OBJ; REVISE STOP AT 1.5175
USD/CHF: LOOK TO SELL .8795
AUD/USD: SHORT AT .8130 FOR REVISED .7850; STOP AT .8147
USD/CAD: BUY AT 1.2272 FOR 1.2486 STOP AT 1.2180
Crosses
EUR/JPY: SELL AT 135.75 FOR 133.25; STOP AT 136.65
EUR/GBP: SHORT AT .7655 FOR .7516; STOP AT .7680
EUR/CHF: SHORT AT 1.0165 FOR .9322; STOP AT 1.0305
EUR/CAD: SELL AT 1.4120 FOR 1.3755 OBJ, STOP 1.4290
GBP/JPY: LONG AT 178.00 FOR INITIAL 180.95, STOP AT 176.95
NZD/USD: REVISE SELL AT .7550 FOR .7371; STOP AT .7625
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
Editors’ Picks
AUD/USD tests lows near 0.6550 after dismal Aussie Retail Sales, mixed China's PMIs
AUD/USD is testing lows near 0.6550 after Australian Retail Sales dropped by 0.4% in March while China's NBS April PMI data came in mixed. Upbeat China's Caixin Manufacturing PMI data fails to lift the Aussie Dollar amid a softer risk tone and the US Dollar rebound.
USD/JPY rebounds to 157.00 after Monday's suspected intervention-led crash
USD/JPY is trading close to 157.00, staging a solid rebound in the Asian session on Tuesday. The pair reverses a part of heavy losses incurred on Monday after the Japanese Yen rallied hard on probable FX market intervention by Japan's authorities. Poor Japan's jobs and Retail Sales data weigh on the Yen.
Gold prices soften as traders gear up for Fed monetary policy decision
Gold price snaps two days of gains, yet it remains within familiar levels, with traders bracing for the US Fed's monetary policy decision on May 1. The XAU/USD retreats below the daily open and trades at $2,334, down 0.11%, courtesy of an improvement in risk appetite.
BNB price risks a 10% drop as Binance founder and ex-CEO Changpeng Zhao eyes Tuesday sentencing
Binance Coin price is dumping, with the one-day chart showing a defined downtrend. While the broader market continues to bleed, things could get worse for BNB price ahead of Binance executive Changpeng Zhao sentencing on Tuesday, April 30.
FX market still on intervention watch
Asian foreign exchange traders will be particularly attentive to any signs of Japanese intervention on Tuesday, following reports of Tokyo's involvement in the market on Monday. This intervention action propelled the yen upward from its 34-year low of 160 per dollar, setting off shockwaves of volatility.