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

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and Oil as provided by the technical strategy team at SEB Group. EUR/USD: Wave count altered below 1.1215. The earlier favored wave count held one more high likely before down, but the below-1.1215 overlap forced reassessment and this puts a correctional high likely in place. Current intraday stretches (slightly widened since volatility has increased) are located at 1.1155 & 1.1380. USD/JPY: Targeting 121.80\122.70. With 120.40 cautiously but still bullishly violated, a near term 122.70 "Equality point" has come into view (with a speed bump at ... (full story)

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