The following are the intraday outlooks for EUR/USD, USD/CAD, USD/JPY, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Continued sell off. The new Friday low didn’t become minor at all as the market continued to trade in a very heavy way. The past days price action also made January end with a monthly bearish engulfing candle (remember that historically January has a tendency of being a down month). Short term the minor consolidation since Friday afternoon is seen soon breaking down to a fresh low in the 1.3440/50-area. USD/CAD: Rechecking 1.1030 before up. The intermediate ... (full story)