Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for Sep. 5

Open positions:

USD/JPY: Hold LONG from 103.54, Take profit 106.54, Stop loss 104.69 (revised)

NZD/USD: Hold SHORT from 0.8400, Take profit 0.8242 (revised), Stop loss 0.8360 (revised)

Trade ideas

EUR/USD: SELL LIMIT at 1.2972, Take profit 1.2788, Stop loss 1.3045

EUR/JPY: SELL LIMIT at 137.10, Take profit 134.95, Stop loss 137.75

EUR/GBP: Possibly SELL

GBP/USD: SELL LIMIT at 1.6355, Take profit 1.6220, Stop loss 1.6405

USD/CHF: BUY LIMIT at 0.9275, Take profit 0.9403, Stop loss 0.9209

AUD/USD: Possibly BUY

USD/CAD: Possibly SELL


*Strategists at Danske Bank use trailing stop orders (move together with the price)

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