-
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/NZD - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and AUD/NZD as provided by the technical strategy team at SEB Group. EUR/USD: Strong rejection from the 55d ma. The test into the 55d ma band ended with an impulsive rejection and a sharply lower price. So far the move has been cushioned by the 78.6% Fibo support (the first reaction after a possible turnaround has a tendency of correcting deeply (78.6%) into the preceding ascent) so there’s still a possibility that the decline is corrective despite its aggressive nature. USD/JPY: A more bullish wave count. The overlapping and clearance of the ... (full story)