Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for Apr. 16

Open positions:*

EUR/CHF: Hold SHORT from 1.0420, TAKE PROFIT 1.0186, STOP LOSS 1.0401 (revised)

USD/JPY: Hold SHORT from 119.67, TAKE PROFIT 118.30, STOP LOSS 119.78 (revised)

USD/CHF: Hold SHORT from 0.9749, TAKE PROFIT 0.9540, STOP LOSS 0.9745 (revised)

USD/CAD: Hold SHORT from 1.2555, TAKE PROFIT 1.2115, STOP LOSS 1.2440 (revised)

EUR/JPY: Hold SHORT from 127.45, TAKE PROFIT 125.62, STOP LOSS 127.95

GBP/JPY: Hold SHORT from 176.70, TAKE PROFIT 174.70, STOP LOSS 177.65

Trade ideas:

AUD/USD: BUY at 0.7740, TAKE PROFIT 0.7905, STOP LOSS 0.7663

NZD/USD: BUY at 0.7555, TAKE PROFIT 0.7698, STOP LOSS 0.7483

GBP/USD: Possibly BUY

EUR/USD: Possibly SELL

EUR/GBP: Possibly SELL

EUR/CAD: Possibly SELL

*Danske Bank applies trailing stop orders (moved together with the price)

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