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

From efxnews.com

The following are the intraday outlooks for EUR/USD, EUR/GBP, USD/CAD, and AUD/JPY as provided by the technical strategy team at SEB Group. EUR/USD: Still hard to move lower. With a still persisting hourly RSI divergence, the price outside the 55d ma Bollinger and with the still firm 1.3635 support we cannot but read the setup as supportive to the 1.3730 bounce suggested yesterday. EUR/GBP: One more low seen. For today, possible Monday, we are looking for the market to initially pushing for a new low below 0.8085. Given the oversold status, the severe stretch (outside both the 55d as well as the 55w Bollinger bands, ... (full story)

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