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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, Oil, and SP500 as provided by the technical strategy team at SEB Group. EUR/USD: Lowering the target cursor further. Support in the mid-1.09s has eroded and this should lower your target cursor to the sub-1.09 levels (with 1.0882 & 1.0802 of interest next). Decent resistance is likely at 1.1065 and more of the same at 1.1208\23. Current intraday stretches are located at 1.0860 & 1.1080. USD/JPY: Bid, but indicators start looking rich. The market is still bid but indicators starts running at rich levels, indicating a short-term stretch and arguing for a ... (full story)

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