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Intraday Outlooks For EUR/USD, GBP/USD, AUD/USD, EUR/JPY - SEB

From efxnews.com

The following are the intraday outlooks for EUR/USD, GBP/USD, AUD/USD, and EUR/JPY as provided by the technical strategy team at SEB Group. EUR/USD: Again cushioned by the 55d ma band. Again the 55d ma band support attracted buyers enough to reject the sellers pushing prices a tad higher. However with falling tops and repeated attempts to break lower the outlook clearly remains bearish and we think the upside currently is limited to maximum the 1.1266-area. Sell up tics and await a break of the 55d ma band (and the March support line, the floor of the half-year long bear flag). GBP/USD: The break of 1.5330 points ... (full story)

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