Dollar continues to be in favor.
EUR/USD about to break down from its minor congestion range, AUD/USD has already done so and EURJPY facing a test of its B-wave low (and confo pt for new trend lows), EURSEK should remains small bid whereas USDSEK see’s more aggressive bids, same is true for EURNOK & USDNOK (both one step ahead of its SEK peer), Bonds heading for new trend highs (in price), Equities, S&P500 is expected to try lower after a minor bounce yday, Oil unclear pattern and Gold remains bid in its resistance zone.
Click here to read the full report:
http://www.easyforexnews.net/wp-content/uploads/2011/11/TA0311.pdf
Tech team
Skandinaviska Enskilda Banken AB