EUR/USD is rechecking Fri’s mid-body point at 1.2740. Bullishly above could lead into a more pronounced correction, but back under 1.2648 would be renewed fully bearish (and target 1.2588)… AUDUSD has confirmed support below and over 1.0400 would open up for 1.0500\85… USDJPY under 76.60 and later 76.30 would be a short-term bearish lead… EURSEK ought to attract buyers in the 8.8425/8.8300 zone. Under 8.81 would be renewed bearish… EUR/NOK must break above 8.6950 is needed to show some sort of re-emerging demand… The 10yr Portugal/German spread widened into fresh trend highs and the spread looks set to widen further… USDMXN is eyeing support at 13.434 and could break it for 13.18… USDHUF looks set to drift a bit further (towards 242.10) before buyers return and extends the underlying uptrend… EURPLN looks set to correct deeper (4.3050?) before moving higher again… US & GER 10y yields looks set to extend the move lower (with Germany in the lead)… EuroStoxx50 looks staged to re-test overhead resistance at 2507\2520 while Brent Crude looks more near-term eastbound…
Click here to read the full report: Technical Alert
Good luck
SEB tech team