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Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for July 16

Open positions:

EUR/USD: Hold SHORT from 1.1000, TAKE PROFIT 1.0819, STOP LOSS 1.1089

EUR/GBP: Hold SHORT from 0.7136, TAKE PROFIT 0.6945, STOP LOSS 0.7146

EUR/CHF: Hold SHORT from 1.0430, TAKE PROFIT 1.0315, STOP LOSS 1.0470

EUR/CAD: Hold LONG from 1.3930, TAKE PROFIT 1.4490 (revised), STOP LOSS 1.3955 (revised)

GBP/JPY: Hold LONG from 190.80, TAKE PROFIT 195.26, STOP LOSS 191.43

AUD/USD: Hold SHORT from 0.7455, TAKE PROFIT 0.7268, STOP LOSS 0.7510

Trade ideas:

USD/JPY: BUY at 123.20, TAKE PROFIT 124.74, STOP LOSS 122.86

USD/CHF: BUY at 0.9485, TAKE PROFIT 0.9719, STOP LOSS 0.9399

NZD/USD: SELL at 0.6650, TAKE PROFIT 0.6403, STOP LOSS 0.6729

USD/CAD: BUY at 1.2888, TAKE PROFIT 1.3102, STOP LOSS 1.2815

EUR/JPY: Possibly SELL

GBP/USD: Possibly BUY

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

EUR
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