Technical Analysis: Technical Alert

Corrections are running late with hourly wave patterns now pointing towards a completed move. Downside risk should thus be returning in EURUSD,AUDUSD,EURJPY, Equities etc.

Further upside pressure also seen EURSEK, possible EURNOK and especially so in USDSEK (USDNOK) and $/EM’s (MSCI EM/Global ratio on the verge of breaking lower, something that, if occuring, further will enhance a $/EM surge).

Click here to read the full report:

http://www.easyforexnews.net/wp-content/uploads/2011/09/TA1509.pdf

 

Tech team
Skandinaviska Enskilda Banken AB