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Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for Oct. 2

Open positions*:

GBP/USD: Hold SHORT from 1.6193, Take Profit 1.6003, Stop Loss 1.6288

USD/CHF: Hold LONG from 0.9355, Take Profit 0.9625, Stop Loss 0.9480 (revised)

EUR/CHF: Hold SHORT from 1.2070, Take Profit 1.2030, Stop Loss 1.2095

NZD/USD: Hold SHORT from 0.7850, Stop Loss 0.7915

Trade ideas:

EUR/USD: Look to SELL from 1.2700/15

USD/JPY: Possibly SELL, Take Profit 108.25/02

AUD/USD: Look to BUY

EUR/JPY: Look to SELL

EUR/CAD: Look to SELL

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

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