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Intraday Outlooks For EUR/USD, EUR/JPY, GBP/USD, 5P500 - SEB
The following are the intraday outlooks for EUR/USD, EUR/JPY, GBP/USD, and S&P500 as provided by the technical strategy team at SEB Group. EUR/USD: Focus on nearby 1.1245/15 & 1.1365. It still looks like dollar weakness after Fed will be short-lived. Near-term attention is on the high end of the 55d exponentially weighted moving average band at 1.1245 and the most recent reaction low at 1.1214 and a Fri's 1.1365 mid-body above. The short-term key ref to break to reaffirm dollar strength remains at 1.1087. Current intraday stretches are located at 1.1245 & 1.1415. EUR/JPY: Below 135 would show sellers' initiative. ... (full story)