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Intraday Outlooks For EUR/USD, USD/JPY, AUD/NZD, Gold - SEB
The following are the intraday outlooks for EUR/USD, USD/JPY, AUD/NZD, and Spot Gold as provided by the technical strategy team at SEB Group. EUR/USD: Mid-body resistance recheck. The move up neutralized near-term stretched conditions yesterday. The move is primarily seen as a mid-body re-test before down again, but if also scaling 1.2506 this might be an incorrect notion. Current intraday stretches are located at 1.2360 & 1.2485, but already back below 1.2373 would argue for fresh lows. The US GDP & Consumer Confidence releases are main distractions later today. USD/JPY: Forming a short-term top? ... (full story)
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