-
Intraday Outlooks For EUR/USD, USD/JPY, GBP/USD, AUD/USD - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Last line of resistance held (so far). The 78,6% Fibo reaction point fenced off the market from continuing on a northern path and the day ended on a rather neutral footing (doji candle) however the weekly candle became a solidly bullish one. The weekend gap lower indicates that there is more supply entering the market and that prices hence should be seen falling further, at least early in the week (the upcoming Easter holiday will probably put a lid on activity later in ... (full story)