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 LOWERED TO 1.0691
USD/JPY: LONG AT 123.00 FOR 124.63, STOP AT 122.19
GBP/USD: SHORT AT 1.5170 FOR REVISED 1.4960; REVISE STOP AT 1.5140
USD/CHF: LONG AT .9820 FOR REVISED 1.0466; STOP AT 1.0195
AUD/USD: LONG AT .7125 FOR .7382; STOP AT .7149
USD/CAD: LONG AT 1.3150 FOR REVISED 1.3557, STOP RAISED TO 1.3270
Crosses
EUR/JPY: SHORT AT 133.35 FOR 129.62; REVISE STOP AT 131.11
EUR/GBP: REVISE SELL AT .7040 FOR .6936; REVISE STOP AT .7085
EUR/CHF: LONG AT 1.0830 FOR REVISED 1.1050; STOP AT 1.0805
EUR/CAD: SHORT AT 1.4285 FOR 1.3993 OBJ, REVISED STOP 1.4215
GBP/JPY: LONG AT 185.15 FOR 188.81; STOP AT 184.15
NZD/USD: POSSIBLY BUY
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Editors’ Picks
EUR/USD rises to daily tops past 1.0800 post-NFP
The selling bias in the Greenback gathers extra pace on Friday after the US economy created fewer jobs than initially estimated in April, lifting EUR/USD to the area of fresh peaks above 1.0800.
GBP/USD surpasses 1.2600 after disheartening US Payrolls
The resumption of the downward pressure in the US Dollar motivates GBP/USD to extend its earlier advance to the area beyond 1.2600 the figure in the wake of the release of US NFP.
Gold climbs to new highs above $2,300 on poor NFP prints
The precious metal maintains its bullish stance and breaks above the $2,300 barrier on Friday after US Nonfarm Payrolls showed the economy added fewer jobs than expected during last month.
XRP edges up after week-long decline as Ripple files letter in reply to SEC’s motion
Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness.
Week ahead – BoE and RBA decisions headline a calm week
Bank of England meets on Thursday, unlikely to signal rate cuts. Reserve Bank of Australia could maintain a higher-for-longer stance. Elsewhere, Bank of Japan releases summary of opinions.