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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Testing support in the low-1.35. Yesterday’s candle adds confidence to a correctional phase passed its peak. Exiting the lower end of the ascending 55day moving average band would enhance a bearish stance. A weekly mid-body point at 1.3427 is also a downside ref to look out for, but also under 1.3399 is needed to fully confirm. USD/JPY: Stretched but anyway as bid as it gets. One winner after the other… The upmove is truly paced despite a persistent short-term ... (full story)

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