The following are the intraday outlooks for EUR/USD, AUD/USD, GBP/USD, and Spot Gold as provided by the technical strategy team at SEB Group. EUR/USD: Exit from the base formation. Today we can with a higher degree of certainty call for an upward reaction to have started. The break above 1.2963 has made a bear triangle impossible hence enhancing the upside correction case. A couple of possible targets for this correction are 1) 1.3048, the mid body point of the latest falling benchmark candle and 2) 1.3179, 38.2% of wave 3 (4th waves are commonly rather shallow).  AUD/USD: Soon at next support. The ... (full story)