View full page at forexfactory.com

 

Intraday Outlooks For EUR/USD, USD/JPY, AUD/USD, & SP500 - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/USD and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Looks tired – focus on 1.3295/70. The backdrop short-term move higher has been looking wedgy for quite some time now and has reached a point where sellers could become interested again. Fri’s candle is potentially bearish and underlines a price/momentum divergence which soon could be confirmed. Today’s focus therefore is with the 8day "Conversion line" at 1.3295 and a tentative ascending line of support at 1.3270. Below those on a bearish looking close would likely also ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News