Danske Research Team
Danske Bank A/S
Interested in more FX key technical levels? Take a look at Luc Luyet's daily technical outlook.
Majors
EUR/USD: SHORT AT 1.0720 FOR 1.0458, STOP 1.0835
USD/JPY: LONG AT 123.35 FOR 124.63, STOP 122.79
GBP/USD: SHORT AT 1.5256 FOR 1.4960; STOP AT 1.5330
USD/CHF: LONG AT .9820 FOR 1.0310; STOP AT 1.0039
AUD/USD: LONG AT .7125 FOR .7297; STOP AT .7055
USD/CAD: LONG AT 1.3150 FOR 1.3457 OBJ, REVISED STOP 1.3220
Crosses
EUR/JPY: SHORT AT 133.35 FOR 129.62; REVISE STOP AT 132.83
EUR/GBP: SHORT AT .7220 FOR REVISED .6936 OBJ; REVISED STOP AT .7045
EUR/CHF: BUY AT 1.0830 FOR 1.0950; STOP AT 1.0789
EUR/CAD: SHORT AT 1.4285 FOR 1.3993 OBJ, REVISED STOP 1.4285
GBP/JPY: LONG AT 186.45 FOR 190.00; STOP RAISED TO 186.77
NZD/USD: POSS SELL
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USD/JPY: Japanese Yen advances to nearly three-week high against USD ahead of US NFP
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NFP: The ultimate litmus test for doves vs. hawks
US Nonfarm Payrolls will undoubtedly be the focal point of upcoming data releases. The estimated figure stands at 241k, notably lower than the robust 303k reported in the previous release and below all other readings recorded this year.