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

From efxnews.com

The following are the intraday outlooks for USD Index, EUR/USD, EUR/JPY, and Brent Crude as provided by the technical strategy team at SEB Group. USD INDEX: On the road again. After a little more than a month of consolidation in a bull triangle the greenback yesterday made an impulsive and successful exit hence confirming the resumption of the bull trend. The next obstacle will be the January peak, 95.48, but it will probably not cause much of a problem for the market to pass. The theoretical target for the triangle is 97.07 and once met the risk of a more substantial correction will start increasing. EUR/USD: ... (full story)

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