Technical Analysis: Technical Alert – June 29

Slightly better risk appetite and a waiting game.
EURUSD 1.44/45 key resistance zone to cap for now, EURGBP clearly a bullish close yesterday with no topside spike seen, EURSEK remains bid and should soon try the 9.29 key resistance whereas EURNOK turned lower ahead of the 7.85 resistance and should thus be in the process of making a lower low, EURPLN facing a test of the key 4.0250 resistance, BOND yields perhaps the most interesting move yesterday, possibly ending the downside correction seen since spring, Equities near correction targets and so is oil which we see turning down from here.

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http://www.easyforexnews.net/wp-content/uploads/2011/06/TA2906.pdf

 

Tech team,

Skandinaviska Enskilda Banken AB