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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/USD, and GBP/USD as provided by the technical strategy team at SEB Group. EUR/USD: The euro remains on a slippery slope. Price action may have muted yesterday, but direction remains quite clear. The next hard ref to look out for below comes with a reaction low of 1.3104 printed this week a year ago. Short-term conditions are not stretched as per the deviation from a 21day exponential moving average, or 'monthly average' and this allows for extension towards 1.3065 without exaggerating the move. USD/JPY: Stretched but bid - testing resistance. The move ... (full story)

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