Trader, analyst and instructor with a 6-year experience

Danske Bank: trade signals for October 23

Open positions:

AUD/USD: Hold SHORT at 0.7217, TAKE PROFIT 0.7002, STOP LOSS 0.7312

USD/CAD: Hold LONG at 1.2970, TAKE PROFIT 1.3218, STOP LOSS 1.2930

EUR/GBP: Hold SHORT at 0.7335, TAKE PROFIT 0.7197, STOP LOSS 0.7335 (revised)

GBP/JPY: Hold LONG at 183.20, TAKE PROFIT 188.31, STOP LOSS 184.41

NZD/USD: Hold LONG at 0.6745, TAKE PROFIT 0.6937, STOP LOSS 0.6680

Trade ideas:

GBP/USD: SELL at 1.5420, TAKE PROFIT 1.5201, STOP LOSS .5525

EUR/CAD: SELL AT 1.4640, TAKE PROFIT 1.4387, STOP LOSS 1.4750

EUR/USD: Possibly SELL at 1.1180/85

USD/JPY: Possibly BUY at 120.35/25

USD/CHF: Possibly BUY

EUR/JPY: Possibly SELL

EUR/CHF: Possibly SELL


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


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