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

From efxnews.com

The following are the intraday outlooks for USD Index, EUR/USD, USD/JPY, and Brent Crude as provided by the technical strategy team at SEB Group. USD Index: Looks a lot like USD/JPY...With a bearish looking weekly candle opposing short- & medium-term bullish trend-following tool. Also in the intradailies they look much the same with the possibility for return towards the 89-handle should 88.65 give way, but less likely so if losing support at 87.91 first - since this would increase the risk for 87.20/86.75 as a correction. Current intraday stretches are located at 87.90 & 88.80. EUR/USD: Weekly 'Bullish ... (full story)

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