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Intraday Outlooks For EUR/USD, USD/JPY, EUR/CHF, Oil - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, EUR/CHF, and Crude Oil as provided by the technical strategy team at SEB Group. EUR/USD: Bullish above the mid body point. It is possible that a correction low was put in place yesterday (after some impulsive intraday swings between 1.2505 and 1.2576). If our assumption is right the market should soon take out 1.2576 and continue the ascent towards next the 1.2623/40-area. USD/JPY: Time for a short term breather? The rejection from the next Fibo projection point, 118.95, argues for the pair to take at least a short term pause (a more profound setback, 114, ... (full story)

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