View full page at forexfactory.com

 

Intraday Outlooks For EUR/USD, EUR/JPY, AUD/USD, & SP500 - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, EUR/JPY, AUD/USD, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Aiming at the 1.3731 mid body pt. With also a third consecutive day failing above the 1.3803 equality point (between the July/Aug & Sep/Oct rise) buyers appears to be running out of steam. Also the “circumflex” or “roof” top (opposite to the V-shaped bottom) and the close back into the 55d Bollinger bands help painting, at least a short term, downside picture. EUR/JPY: Also a 3rd day below mid body. More evidence of a soon downside turn posted yesterday with the spike ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News