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Intraday Outlooks For USD Index, EUR/USD, AUD/USD, & SP500 - SEB
The following are the intraday outlooks for USD Index, EUR/USD, AUD/USD, and S&P500 as provided by the technical strategy team at SEB Group. USD INDEX: Third times the charm.Three times during December we have seen downside failures in the area between 61.8 and 78.6% Fibo support. Each time the response has been more and more profound so the setup for a continued move higher is this time better than on the earlier occasions. Trigger point is seen being 80.83. EUR/USD: Well, that’s a decent spike! Even though we take into account a less liquid market than normal, Friday’s price action, with the up-thrust peak ... (full story)