The following are the long-term technical outlooks for EUR/USD, USD/JPY, GBP/USD, and NZD/USD as provided by the technical strategy team at SEB Group. EUR/USD: A correctional high is tentatively in place, though this assessment needs a break below medium-term supports at 1.1016 & 1.0819 for confirmation. A climb is needed, to and beyond, Fibo refs and the yearly moving average band in the 1.1330-1.1890 to question this scenario. USD/JPY: Markets are sensitive to risk appetite disruption and investors seek cover in the yen. This follows an earlier fill of topside attraction/resistance over 124 earlier this year. The ... (full story)