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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD and AUD/USD as provided by the technical strategy team at SEB Group. EUR/USD: Near-term bullish Triangle. The Oct12-21 contracting range looks like a just broken Triangle, in itself targeting 1.2980 (=an alternative correctional objective area in the dailies). To counter this, it wouldn't be enough to see sellers' initiative below 1.2731/05 but also under 1.2625/05. Current intraday stretches are located at 1.2725 & 1.2855. USD/JPY: Yesterday's bearish print lower. The high end of the short-term Fibo tweaked 'Ichimoku cloud' (and the ... (full story)

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