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Intraday Outlooks For DXY. EUR/USD, EUR/JPY, SP500, Oil - SEB

From efxnews.com

The following are the intraday outlooks for USD Index (DXY), EUR/USD, EUR/JPY, SP500, and Crude Oil as provided by the technical strategy team at SEB Group. USD INDEX: Possible rechecking bull flag exit. The slow slide lower is most likely just part and parcel of a minor downside correction and as such we expect it to end at either 85.20 or 85.00, the 61.8% and 78.6% Fibo support points (of the mid October rise). A move above 85.71 will thereafter act as the bull trigger for the rise in wave five. EUR/USD: It still looks like a bear flag. Even though our call yesterday for a potentially completed upward correction ... (full story)

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