-
Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, CAD/JPY - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/USD, and CAD/JPY as provided by the technical strategy team at SEB Group. EUR/USD: Is the near-term correction over? The correction up from the supportive 55day exponentially weighted moving average band may, or may not be over. Loss of thought support at 1.1233 would be a hint of that it is more confidence that it really is needs s sub-1.1180 move. Over 1.1320 would target 1.1353\70 instead. USD/JPY: 118.25 remains a sore point. Bids in the low-119s buffered the thump but more is needed to escape a test of a critical 118.25 - below which one must ... (full story)