The following are the intraday outlooks for EUR/USD, USD/JPY, GBP/USD, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Back outside the band. We’re now back in the rather rare situation that the market is trading outside the 55week Bollinger band (and also yesterday, however for a short while, on a daily basis) something that historically has a strong tendency to trigger reversals. There are also, however small but nevertheless, bear divergences occurring in hourly and daily charts so upside potential should be limited to the Oct peak, 1.3833. USD/JPY: Minor bullish congestion range. The ... (full story)