Interested in more FX key technical levels? Take a look at Luc Luyet's daily technical outlook.

Majors

EUR/USD: SHORT AT 1.1055 FOR 1.0848, STOP AT 1.1102

USD/JPY: LONG AT 120.35 FOR 122.13; REVISED STOP AT 119.98

GBP/USD: POSSIBLY BUY

USD/CHF: LONG AT .9820 FOR 1.0069 NEXT; REVISED STOP AT .9799

AUD/USD: POSSIBLY SELL

USD/CAD: LONG AT 1.3150 FOR 1.3457 OBJ, STOP 1.3035


Crosses

EUR/JPY: SHORT AT 133.35 FOR 129.62; REVISE STOP AT 133.45

EUR/GBP: SHORT AT .7220 FOR .7026; REVISE STOP AT .7205

EUR/CHF: LONG AT 1.0890 FOR 1.1012; STOP AT 1.0825

EUR/CAD: LOOK TO SELL

GBP/JPY: BUY AT 186.20 FOR 188.31; STOP AT 185.29

NZD/USD: SELL AT .6720 FOR .6567; STOP AT .6795

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 holds above 1.0700 after German inflation data

EUR/USD holds above 1.0700 after German inflation data

EUR/USD trades modestly higher on the day above 1.0700. The data from Germany showed that the annual HICP inflation edged higher to 2.4% in April. This reading came in above the market expectation of 2.3% and helped the Euro hold its ground.

EUR/USD News

USD/JPY recovers above 156.00 following suspected intervention

USD/JPY recovers above 156.00 following suspected intervention

USD/JPY recovers ground and trades above 156.00 after sliding to 154.50 on what seemed like a Japanese FX intervention. Later this week, Federal Reserve's policy decisions and US employment data could trigger the next big action.

USD/JPY News

Gold holds steady above $2,330 to start the week

Gold holds steady above $2,330 to start the week

Gold fluctuates in a relatively tight channel above $2,330 on Monday. The benchmark 10-year US Treasury bond yield corrects lower and helps XAU/USD limit its losses ahead of this week's key Fed policy meeting.

Gold News

Week Ahead: Bitcoin could surprise investors this week Premium

Week Ahead: Bitcoin could surprise investors this week

Two main macroeconomic events this week could attempt to sway the crypto markets. Bitcoin (BTC), which showed strength last week, has slipped into a short-term consolidation. 

Read more

Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week Premium

Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week

Higher inflation is set to push Fed Chair Powell and his colleagues to a hawkish decision. Nonfarm Payrolls are set to rock markets, but the ISM Services PMI released immediately afterward could steal the show.

Read more

Majors

Cryptocurrencies

Signatures