Mr Riskoff sneaking around… so stronger dollar and jpy in the cards.
AUDJPY broke lower passing a first important junction and more selling expected (the rest of the Yen crosses also on a slippery slope. EURUSD sliding towards the low end of the 233d ma band, 1.2845, CABLE’s up thrust peak now seems to have started to deliver, EURSEK first attemt below the neckline failed but a second one looks likely, USDSEK more postive signs and especially so breaking 6.6180, EURNOK fell down to next support, NOKSEK looks due for a pause, EURPLN and USDPLN set to move higher (USDPLN preferred), BOND yields should continued to come down, S&P500 fell down from what should have been a bull triangle, questioning the potential for a new high short term, OIL also a second rejection from resistanc warns of a soon sharper decline.
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SEB tech team