View full page at forexfactory.com

 

Intraday Outlooks For DXY, EUR/USD, USD/JPY, AUD/NZD - SEB

From efxnews.com

The following are the intraday outlooks for USD Index (DXY), EUR/USD, USD/JPY, and AUD/NZD as provided by the technical strategy team at SEB Group. DOLLAR INDEX: A bit more complex reaction. Instead of the triangular consolidation that €/$ is tracing out the $ index seems to be following the path of a so called double zigzag (two upon each other following a-b-c corrections) and as such probably is targeting the 95/96- area (where the bull trend is seen resuming). A move below 97.00 will further enhance such an outcome. An alternative outcome is of course that we will remain in the current range hence creating a bull ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News