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A negative outlook for Maersk: Garnry

Peter Garnry, head of equity strategy at Saxo Bank, maintains a negative outlook for Maersk. The loss of an Qatar oil field and a gloomy outlook for the shipping industry in light of new, land-based alternatives could spell a downturn in profits for the Danish firm.

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Trading on the 'Yen strength story': Lambert

Clive Lambert from FuturesTech.co.uk provides a EURJPY trade idea. He believes that the 'Yen strength story' has further to run and expects sellers to return.

Lambert wants to sell at around 114.00 with a stop at 115.00. The targets are 111.60 and 109.55.

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Why I’m trading EURUSD: Collins

Alan Collins of 3cAnalysis is looking to short EURUSD.

He says that the tone of the market is still dominated by Friday’s post–Brexit price action. 

Collins is shorting at current levels and looking to add to that on any profit–taking attempts near 1.1110.

His targets are this week's 1.0970 low, last week's base of 1.0908 with potential in the medium term towards 1.0778. He says that only above 1.1181 is, temporarily, positive.

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