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Intraday Outlooks For EUR/USD, GBP/USD, AUD/USD, Gold, & SP500 - SEB
The following are the intraday outlooks for EUR/USD, GBP/USD, AUD/USD, Gold, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Looks balanced near important levels. Last IMM reporting week (as per last Tue’s close) Speculative accounts added to net EUR longs and reduced shorts – both directly and indirectly as an aggregate measure. This is reflected in the move higher in spot. The market seems to open this week on a balanced note, still very close to a medium-term 1.3418 key ref. To depict renewed selling pressure, near-term support at 1.3205/1.3188 must be taken out. GBP/USD: Could ... (full story)
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