Technical Analysis: Technical Alert.

EUR is losing a bit of its recent strength however so far seen as a temporary setback. EUR/USD likely to head for 1.4420/4500, EUR/GBP 0.8830ish, AUD/JPY closed below its bear triangle and the AUD is expected to give up more gains, EUR/SEK likely range bound 8.99-9.04 (before heading higher), OMXS30 broke its key support at 1105, EURNOK sees a growing upside pressure, USD/MXN broke and accelerated higher underpinned by good volumes, Equities in general vulnerable but might see a day of congstion before heading lower, OIL higher in correction range.

 

Skandinaviska Enskilda Banken AB