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Intraday Outlooks For EUR/USD, USD/CAD, USD/JPY, Gold - SEB
The following are the intraday outlooks for EUR/USD, USD/CAD, USD/JPY, and Gold as provided by the technical strategy team at SEB Group. EUR/USD: Support at 1.3620 tested (confirmed?) Another lower daily high and lower low was added yesterday, but buyers responded near the 8day "Tenkan-Sen" & Jab23 bullish benchmark candle mid-body point at 1.3622. To show buyers’ initiative, a move back over 1.3690 is needed. Below 1.3595/85 would heat up the downside again – until then it’s just to wait for the FOMC verdict this evening. USD/CAD: Pushing for a >1.12 test. Conditions remain stretched since corrections are ... (full story)