-
Intraday Outlooks For EUR/USD, EUR/JPY, USD/CAD, Oil - SEB
The following are the intraday outlooks for EUR/USD, EUR/JPY, USD/CAD, and Brent Crude as provided by the technical strategy team at SEB Group. EUR/USD: Small reaction before lower again. The rejection from yesterday’s 1.0987 low point will probably be aiming at 1.1060 before again turning lower again. As earlier elaborated there is a lot of support in the area just beneath and the best fitted target is 1.0840, the recent triangle’s theoretical target. EUR/JPY: Waiting for the 132.00 break. Repeatedly lower highs and lower lows keep the downside pressure in place. Yesterday the market tried it below 132.20 five ... (full story)