It looks like stocks may recover more of recent losses incurred. Better risk appetite looks to support currencies like AUD & SEK. The former holds the 1.1012 high in the corner of the eye and EURSEK should be sold on a 9.08 break (but bears still needs confirmation under 9.04)… EURUSD looks bid and is testing overhead resistance… EURJPY was held from falling below 112.25 yesterday and could test resistance at 113.50\114.00 again… EURNOK is rangebound with volumes drying up… USDTRY is correcting a prior severe stretch and targets a short-term Fibo grid below… Bunds should sail higher while US tens still have to eke out a correctional low… Oil is sitting comfortably in its ~116\119.40 range…
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Tech team
Skandinaviska Enskilda Banken AB