The nokkie got it on the chin yesterday and a 7.40-7.45 test looks possible before realigning price action with downtrend again… EURSEK on the other hand confirmed mid-body resistance yesterday and looks ready to test nearby supports at 8.43 & 8.40… With this NOKSEK tests support centered on 1.14 before reclaiming recently lost ground again… EURUSD, EURJPY & GBPUSD consolidates recent gains => fresh highs are likely in all three, but then we will see if those will be lasting or only temporary… NZDUSD on the other hand looks sturdy enough to test resistance at a “B-wave high” at 0.8187 – above which the Aug high also would become exposed… Resistance hinders the Spanish IBEX index to advance further, while the German Dec Bund looks ripe to advance further. Watch 140.93 closely… US stocks and Brent are digesting recent gains. Keep an eye on 1416 in the Dec S&P500 and on 111.11 In the Nov Brent Crude contract…
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SEB tech team