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Intraday Outlooks For EUR/USD, GBP/USD, EUR/JPY, SP500 - SEB
The following are the intraday outlooks for EUR/USD, GBP/USD, EUR/JPY, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: (S)low activity in the support zone. The market has extended losses into the support zone near the 1.35-mark. With a downside bias, we urge to watch 1.3512/03 below and 1.3540/45 above. A lower break would target 1.3492/77 next. GBP/USD: Pressure's back on nearby support. The bullish engulfing candle earlier in the week did not spur any topside follow-through and the market is back in the vicinity of the 21day 'Kijun Sen', representing short-term Equality point, ... (full story)
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