The following are the intraday outlooks for USD Index (DXY), EUR/USD, NZD/USD, SP500, and Crude Oil as provided by the technical strategy team at SEB Group. USD INDEX: Broke the b-wave high. The index didn’t reach the former flag ceiling (now acting support) before the buyers stepped up to the plate buying the greenback and did so in a bullish manner, creating a bullish key day reversal. The bullish candle together with the break of the b-wave high is both strong indications that the monthly long correction now is over and that fresh highs are lurking near time. The target for wave 5 should ideally be sought towards ... (full story)