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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and Crude Oil as provided by the technical strategy team at SEB Group. EUR/USD: Contesting dynamic resistance. The near-term move higher is still on. Dynamic resistance at the 21day 'Kijun-Sen' is falling and they are about to meet. A descending line of resistance is also about to be scrutinized. So if breaking those at 1.2495/530, extension towards the 1.2605/15 pivot should be penciled in. Local support pockets are located at 1.2495 & 1.2445/43. Current intraday stretches are located at 1.2335 & 1.2560. USD/JPY: Sight set on Fibo ... (full story)

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