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Intraday Outlooks For EUR/USD, USD/CAD, Oil, SP500 - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/CAD, Crude Oil, and SP500 as provided by the technical strategy team at SEB Group. EUR/USD: Bullish Triangle? Resistance is obvious in the 1.2480-96 zone, but the contracting range was entered from below and should (best fit) be exited higher. A range breakout would ideally target 1.2603 - coinciding with short-term refs there. A hurdle on the way is an intermediate peak at 1.2532 and the intraday stretch (now at 1.2507). First-hand support at 1.2413. USD/CAD: Long-tern target met!. With lower oil the loonie could not hold from being dragged down lower and ... (full story)

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