Majors

EUR/USD: SHORT AT 1.1285 FOR 1.1000; STOP AT 1.1401

USD/JPY: LONG AT 117.60 FOR 119.97; REVISED STOP AT 117.16

GBP/USD: SHORT AT 1.5140 FOR REVISED 1.4886; STOP AT 1.5135

USD/CHF: LONG AT .8755 FOR .9134; STOP AT .8501

AUD/USD: SHORT AT .8130 FOR REVISED .7700; REVISED STOP AT .8038

USD/CAD: BUY AT 1.2372 FOR 1.2540 STOP AT 1.2294


Crosses

EUR/JPY: REVISE SELL AT 132.80 FOR INITIAL 129.00, STOP 134.31

EUR/GBP: REVISE SELL AT .7475 FOR .7307; STOP AT .7520

EUR/CHF: SHORT AT 1.0165 FOR .9322; REVISE STOP AT 1.0140

EUR/CAD: SELL RALLIES TDWS 1.4120

GBP/JPY: SELL AT 177.65 FOR 174.05 STOP AT 178.55

NZD/USD: REVISE SELL AT .7475 FOR .7371; REVISE STOP AT .7535

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 gains momentum above 0.6500 ahead of Australian Retail Sales data

AUD/USD gains momentum above 0.6500 ahead of Australian Retail Sales data

AUD/USD trades in positive territory for six consecutive days around 0.6535 during the early Asian session on Monday. The upward momentum of the pair is bolstered by the hawkish stance from the Reserve Bank of Australia after the recent release of Consumer Price Index inflation data last week.

AUD/USD News

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

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