There was a good post-summit euro-bashing going through yesterday (only scandies & CEEs did worse)… EURUSD is thought to take out the 1.3145 ref today (despite rumored options defense ahead of it) and bring an upside break above 79.84 in the dollar index… EURJPY is also staged to take out last month’s low of 102.49 and EURGBP looks set to extend losses further (with a medium-term 0.8445 “Equality point” being a speed bump)… EURSEK could extend gains through 9.0750 and target 9.1450, brining USDSEK closer to a +7.02 break… EURNOK ought to test a short-term pivot near 7.74 and NOKSEK should advance towards 1.1820\45… EURPLN has printed a fresh trend high but is likely not settling down with just a marginal new high… Brent crude is close to break its supportive “Neckline” and CRB broke key support which makes commodity currencies exposed for further losses… The Shanghai Compsite lost its long-term key support and is expected to fall further… EuroStoxx50 could be in a bearish triangle and now moves towards its lower end in the low-2100s…
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http://www.easyforexnews.net/wp-content/uploads/2011/12/TA1312.pdf
Tech team
Skandinaviska Enskilda Banken AB