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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: Correction higher consolidation. The 1.3375-50 target/support zone still attracts some buying. If this is a correction for 1.3415-50 or if it is a near-term contracting range before breaking into the lower 1.33s once it is over remains to be seen. For today it looks wise to watch both 1.3360 & 1.3405 for clues. USD/JPY: A high weekly close would target 104. The best bullish week since earl Mar could be in the making, that is if sticking close to current levels or ... (full story)