Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for June 2

Open positions:*

EUR/USD: Hold SHORT at 1.0930, TAKE PROFIT 1.0732, STOP LOSS 1.1015

USD/JPY: Hold LONG at 120.80, TAKE PROFIT 125.69 (revised), STOP LOSS 123.40 (revised)

GBP/USD: Hold SHORT at 1.5318, TAKE PROFIT 1.5150, STOP LOSS 1.5315 (revised)

USD/CHF: Hold LONG at 0.9450, TAKE PROFIT 0.9599, STOP LOSS 0.9385

USD/CAD: Hold LONG at 1.2200, TAKE PROFIT 1.2667 (revised), STOP LOSS 1.2410 (revised)

EUR/JPY: Hold LONG at 133.90, TAKE PROFIT 137.64 (revised), STOP LOSS 134.98 (revised)

EUR/CHF: Hold SHORT at 1.0450, TAKE PROFIT 1.0234, STOP LOSS 1.0401

EUR/CAD: Hold LONG at 1.3482, TAKE PROFIT 1.3891, STOP LOSS 1.3483 (revised)

Trade ideas:

EUR/GBP: SELL higher

AUD/USD: Possibly SELL

GBP/JPY: Possibly BUY

NZD/USD: Possibly SELL


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

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