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Intraday Outlooks For EUR/USD, GBP/USD, EUR/JPY, & SP500 - SEB
The following are the intraday outlooks for EUR/USD, GBP/USD, EUR/JPY, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Over 1.3555 would argue for a fresh high. Over the five recent sessions the small net move lower looks correctional. If breaking 1.3555 this would become even clearer and argue for extension above the recent 1.3569 high and leave the Feb high of 1.3711 with little protection (though too fast through 1.3660 would become a short-term stretch). Support remains the same: 1.3462/1.3440. GBP/USD: Headed into a “final high” before down. Violation and a session close ... (full story)
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