Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for June 8

Open positions:*

GBP/USD: Hold SHORT at 1.5300 (revised), TAKE PROFIT 1.5089, STOP LOSS 1.5375 (revised)

USD/JPY: Hold LONG at 125.26, TAKE PROFIT 126.40, STOP LOSS 124.60

USD/CHF: Hold LONG at 0.9360, TAKE PROFIT 0.9628 (revised), STOP LOSS 0.9297 (revised)

AUD/USD: Hold SHORT at 0.7745, TAKE PROFIT 0.7572, STOP LOSS 0.7730 (revised)

USD/CAD: Hold LONG at 1.2460, TAKE PROFIT 1.2667, STOP LOSS 1.2360

GBP/JPY: Hold LONG at 189.80, TAKE PROFIT 193.17, STOP LOSS 189.55

NZD/USD: Hold SHORT at 0.7142, TAKE PROFIT 0.6948 (revised), STOP LOSS 0.7160 (revised)

Trade ideas:

EUR/GBP: BUY at 0.7260, TAKE PROFIT 0.7483, STOP LOSS 0.7195

EUR/JPY: Possibly BUY at 138.15/20

EUR/USD: Possibly BUY

EUR/CHF: Possibly BUY

EUR/CAD: Possibly BUY


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

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