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Currency Analyst since 2010

Danske Bank: trade signals for August 12

Open positions:

USD/JPY: Hold LONG at 124.10, TAKE PROFIT 125.86, STOP LOSS 124.678 (revised)

USD/CHF: Hold LONG at 0.9665, TAKE PROFIT 1.0010 (revised), STOP LOSS 0.9790

EUR/CHF: Hold LONG at 1.0635, TAKE PROFIT 1.1002 (revised), STOP LOSS 1.0749

Trade ideas:

EUR/USD: Look to BUY at 1.0990/85

GBP/USD: BUY at 1.5515, TAKE PROFIT 1.5701, STOP LOSS 1.5453

AUD/USD: Look to SELL

USD/CAD: Look to BUY dips

EUR/JPY: BUY at 137.81, TAKE PROFIT 139.17, STOP LOSS 137.32

EUR/GBP: SELL at 0.7122, TAKE PROFIT 0.6894, STOP LOSS 0.7181

EUR/CAD: Look to BUY

NZD/USD: SELL at 0.6550, TAKE PROFIT 0.6357, STOP LOSS 0.6645

GBP/JPY: BUY at 193.19, TAKE PROFIT 195.88, STOP LOSS 192.19

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

EUR
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