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Intraday Outlooks For EUR/USD, EUR/GBP, AUD/NZD, SP500 - SEB
The following are the intraday outlooks for EUR/USD, EUR/GBP, AUD/NZD, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: mixed. From here, there is a faint near-term upside tilt, but a move outside 1.3835/1.3785 would give a better directional hint. Also outside 1.3865/1.3749 would lend a stronger sense of direction. EUR/GBP: Looks ripe for a correction higher. The move lower has lost much of its earlier momentum. Buyers could respond at a short-term 261.8% Fibo projection ref (0.8208) and lift the pair back towards 0.8231\47. Above those would extend the correctional target to ... (full story)