Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for August 27

Open positions:

EUR/JPY: Hold SHORT at 138.05, TAKE PROFIT 134.33, STOP LOSS 137.65

USD/JPY: Hold SHORT at 120.20, TAKE PROFIT 115.86, STOP LOSS 120.75 (revised)

EUR/CHF: Hold LONG at 1.0815, TAKE PROFIT 1.1002, STOP LOSS 1.0745

AUD/USD: Hold SHORT at 0.7215, TAKE PROFIT 0.6954, STOP LOSS 0.7220 (revised)

USD/CAD: Hold LONG at 1.3055, TAKE PROFIT 1.3400 (revised), STOP LOSS 1.3140 (revised)

NZD/USD: Hold SHORT at 0.6540, TAKE PROFIT 0.6342, STOP LOSS 0.6635

USD/CHF: Hold SHORT at 0.9440, TAKE PROFIT 0.9259, STOP LOSS 0.9557

Trade ideas:

EUR/GBP: BUY at 0.7225, TAKE PROFIT 0.7483, STOP LOSS 0.7150

EUR/USD: Possibly SELL

GBP/USD: Possibly SELL

EUR/CAD: Possibly BUY

GBP/JPY: Possibly SELL


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

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