EUR/USD correction continues and 1.4350/4440 still seen as the primary target, GBP continues to weaken and the bounce in EURGBP, up from its earlier broken trend line looks promising, EUR/Scandies drifting lower deeper into previous ranges whereas USD/Scandies have met their first correction targets, Emerging markets are correctively stronger creating better opportunities going long USDZAR & USDTRY, Bond yields are turning up from correction targets, equities continues to be firm, oil trying to reenter the 55d ma band, Precious metals also edging higher.
Tech Team,
Skandinaviska Enskilda Banken AB