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; STOP AT 1.5140

USD/CHF: LONG AT .9820 FOR REVISED 1.0466; STOP AT 1.0195

AUD/USD: LONG AT .7125 FOR .7382; REVISED STOP AT .7240

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: SHORT AT .7040 FOR .6936; STOP AT .7085

EUR/CHF: LONG AT 1.0830 FOR REVISED 1.1050; STOP AT 1.0805

EUR/CAD: POSS SELL

GBP/JPY: LONG AT 185.15 FOR 188.81; STOP AT 184.15

NZD/USD: BUY AT .6610 FOR .6719; REVISE STOP AT .6577

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 tests lows near 0.6550 after dismal Aussie Retail Sales, mixed China's PMIs

AUD/USD tests lows near 0.6550 after dismal Aussie Retail Sales, mixed China's PMIs

AUD/USD is testing lows near 0.6550 after Australian Retail Sales dropped by 0.4% in March while China's NBS April PMI data came in mixed. Upbeat China's Caixin Manufacturing PMI data fails to lift the Aussie Dollar amid a softer risk tone and the US Dollar rebound. 

AUD/USD News

USD/JPY rebounds to 157.00 after Monday's suspected intervention-led crash

USD/JPY rebounds to 157.00 after Monday's suspected intervention-led crash

USD/JPY is trading close to 157.00, staging a solid rebound in the Asian session on Tuesday. The pair reverses a part of heavy losses incurred on Monday after the Japanese Yen rallied hard on probable FX market intervention by Japan's authorities. Poor Japan's jobs and Retail Sales data weigh on the Yen.

USD/JPY News

Gold prices soften as traders gear up for Fed monetary policy decision

Gold prices soften as traders gear up for Fed monetary policy decision

Gold price snaps two days of gains, yet it remains within familiar levels, with traders bracing for the US Fed's monetary policy decision on May 1. The XAU/USD retreats below the daily open and trades at $2,334, down 0.11%, courtesy of an improvement in risk appetite. 

Gold News

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Relief wave on altcoins likely as BTC shows a $5,000 range

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Relief wave on altcoins likely as BTC shows a $5,000 range

Bitcoin price has recorded lower highs over the past seven days, with a similar outlook witnessed among altcoins. Meanwhile, while altcoins display a rather disturbing outlook amid a broader market bleed, there could be some relief soon as fundamentals show.

Read more

Gearing up for a busy week: It typically doesn’t get any bigger than this

Gearing up for a busy week: It typically doesn’t get any bigger than this

Attention this week is fixated on the Federal Reserve's policy announcement scheduled for Wednesday. While the US central bank is widely expected to remain on hold, traders will be eager to discern any signals from the Fed regarding the possibility of future interest-rate cuts.

Read more

Majors

Cryptocurrencies

Signatures