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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD and USD/CAD as provided by the technical strategy team at SEB Group. Still seeking a peak: Yesterday’s attempt to trace out a peak was proven wrong given the break of 1.3655. The minimum target for the following move has been fulfilled however the rise does so far look incomplete. So for today we are seeking a peak ahead of the important 1.3740 resistance (an hourly spike above 1.3692 would be a strong sign of upside failure). USD/JPY: Increasing downside pressure. The early February rise is now likely over and done and the underlying larger ... (full story)

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