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Intraday Outlooks For EUR/USD, USD/JPY, USD/CAD, SP500 - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, USD/CAD, and SP500 as provided by the technical strategy team at SEB Group. EUR/USD: Respecting dynamic support. The market showed a cautious calm yet still with a nerve yesterday with decent two way traffic. In the near-term, the upside risk prevails at least as long as the short-term (Fibo adjusted) "Tenkan-Sen" & "Kijun-Sen" lines (1.1365 & 1.1285) stay unbroken. USD/JPY: Sellers at resistance. The rebound is meeting offers at the 120.50+/-25 pips resistance. But there is also buying going on in the mid- 188s/high-117s. The next move will materialize ... (full story)
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- takytto
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