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

From efxnews.com

The following are the intraday outlooks for EUR/USD, GBP/USD, USD/JPY, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Crashed down through support. The pattern of spiking lows around the mid body point yesterday ended with a bang as the bids suddenly were gone and the pair left free to fall. The possible bull flag is of course, given the break of 1.3568, off the table. A minor consolidation overnight will most likely be followed by at least a marginally new low today before a mid body reaction of yesterday’s slump will take place by the middle of next week. USD/JPY: Hanging below the 55d ... (full story)

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