View full page at forexfactory.com

 

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. EUR/USD: Key resistance broken.The break of 1.3877 triggered the stop of our TA sell recommendation posting a 0.12% loss. The only remaining line of defense, before making a new high, is the 78.6% Fibo resistance at 1.3905. If also passed, which currently looks likely, the way is paved for the prior high 1.3967 and the Oct top line at 1.3995. To avoid the above scenario the pair basically needs to close below 1.3836 today. USD/JPY: Poor follow through below the line. Despite ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News