EURUSD is correctively higher, but should ideally turn lower from Fri’s ~1.3195 mid-body point… GBPUSD bearishly violated the 1.5644 ref and should extend losses, initially towards 1.5580/40. Resistance starts at 1.57… USDJPY is still in its short-term uptrend, but there is a stretch and divergence to take note of. Below 81.45 ought to trigger some protective sell-stops… EURSEK grinds higher and looks staged to test resistance at 8.98… USDSEK goes the same way and looks set to make it through 6.82\83… EURNOK is micro-term correctively lower, but ought to walk into support at 7.45… NOKSEK should print a fresh high over 1.2045… The 10y FRA/GER 10y spread should soon break its “flag” pointing towards a wider spread… NZDUSD has re-tested its bearish breakout area and should steer south from here again… USDHUF is consolidating before the next leap higher. Eyes on 226… EURPLN remains in the search of a low point. Over 4.1255 would looks bullishly interesting… 10y GER Bund extended gains. Could consolidate some and then extend the upmove… The 10y US note should be bought ahead of 130-03… EuroStoxx is shooting for a “final” leg higher, ideally towards 2637… Brent Crude grinds higher, $127.07 is key to watch
SEB tech team