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Currency Analyst since 2010

Danske Bank: trade signals for Oct. 5

Open positions:*

EUR/USD: Hold SHORT at 1.1269, TAKE PROFIT 1.1017, STOP LOSS 1.1333

USD/CHF: Hold LONG at 0.9695, TAKE PROFIT 0.9903, STOP LOSS 0.9639

EUR/JPY: Hold SHORT at 134.85, TAKE PROFIT 131.30, STOP LOSS 135.45 

EUR/CHF: Hold LONG at 1.0910, TAKE PROFIT 1.1186 (revised), STOP LOSS 1.0823

GBP/JPY: Hold SHORT at 182.00, TAKE PROFIT 179.32, STOP LOSS 183.43

EUR/GBP: Hold LONG at 0.7375, TAKE PROFIT 0.7501 (revised), STOP LOSS 0.7300

Trade ideas:

USD/JPY: BUY at 119.60, TAKE PROFIT 122.13, STOP LOSS 118.59

GBP/USD: BUY at 1.5160, TAKE PROFIT 1.5318, STOP LOSS 1.5085

AUD/USD: Possibly SELL higher

USD/CAD: SELL at 1.3327, TAKE PROFIT 1.2952, STOP LOSS 1.3435

EUR/CAD: Possibly SELL

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

EUR
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