Technical Analysis: Technical Alert

Main event seems to be weaker commodities with precious metals continuing taking a hit after the key day reversals Tuesday (CAD looks especially vulnerable, see triangle in yday TA), Dollar steady, Euro steady unless EURGBP which has a case for a continued surge, Scandies expected to weaken with NOK/SEK looking bid, EM – EURPLN set to break up from a bull flag and USDKRW today breaking higher, Bond corrections in the latter stages and same likely true for equities.

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http://www.easyforexnews.net/wp-content/uploads/2011/08/TA2508.pdf

 

Tech team
Skandinaviska Enskilda Banken AB