Buy EUR, GBP! Dollar time is over!
Intraday Outlooks For EUR/USD, EUR/JPY, AUD/USD, GBP/USD - SEB
The following are the intraday outlooks for EUR/USD, EUR/JPY, AUD/USD, and GBP/USD as provided by the technical strategy team at SEB Group. EUR/USD: Sellers keep responding. Thinned dynamic resistance keeps attracting responsive selling, but bears' initiative below 1.1150/05 is needed to confirm the ongoing bearish "Flag". Current intraday stretches are located at 1.1115 & 1.1285. EUR/JPY: Bearish "A-B-C" in the making. Short-term (Fibo-adjusted) dynamic resistance was respected and sellers staged a notably strong response to intraday gains made earlier in the session yesterday. This added a potentially bearish ... (full story)