Majors
EUR/USD: SHORT AT 1.0720 FOR 1.0458, STOP 1.0835
USD/JPY: SELL AT 123.19 FOR 122.23, STOP 123.79
GBP/USD: REVISED BUY AT 1.5270 FOR 1.5509; STOP AT 1.5150
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 OBJECTIVE; STOP AT .7045
EUR/CHF: BUY AT 1.0830 FOR 1.0950; STOP AT 1.0785
EUR/CAD: SHORT AT 1.4285 FOR 1.3993 OBJ, STOP 1.4285
GBP/JPY: LONG AT 186.45 FOR 190.00; REVISED STOP AT 187.19
NZD/USD: LONG AT .6520 FOR .6699; STOP AT .6460
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
EUR/USD retreats below 1.0700 as USD rebounds
EUR/USD lost its traction and retreated slightly below 1.0700 in the American session, erasing its daily gains in the process. Following a bearish opening, the US Dollar holds its ground and limits the pair's upside ahead of the Fed policy meeting later this week.
USD/JPY recovers toward 157.00 following suspected intervention
USD/JPY recovers ground and trades above 156.50 after sliding to 154.50 on what seemed like a Japanese FX intervention. Later this week, the Federal Reserve's policy decisions and US employment data could trigger the next big action.
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.
Week Ahead: Bitcoin could surprise investors this week Premium
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.
Five Fundamentals for the week: Fed fears, Nonfarm Payrolls, Middle East promise an explosive week Premium
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.