Not overly much is cooking out there at the moment… Well the yen is weaker with USDJPY seemingly headed towards a key 80.25 ref… EURUSD printed a bearish candle yesterday but directional clues are anyway weak within 1.3145\1.3322… AUDUSD may or may not have completed a correction lower, but only back over 1.0817 can confirm it… EURAUD on the other hand indicates that a correctional high is in place. A low session close today would add credence to this view… EURSEK & ISDSEK are both in waiting mood while EURNOK added a “Bearish engulfing candle” again today, bending focus back to the downside – in tandem with higher oil… USDTRY added a notably bullish print yesterday and in key support area so upside attention is for sure warranted. Key ref above at 1.7816… German & US 10y tenors trade at support levels so keep an upside watch there too… S&P500 added a bearish print in the resistance zone and below 1356 could start triggering protective sell-stops…
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SEB tech team