Technical Analysis

EURUSD slowing its decline approaching the important 1.2803 key support, EURJPY same thing homing in on the 99.64 support (setup is however clearly bearish), CABLE forming a small bear triangle so soon to break lower, EURSEK downside spike supports our view of a 8.6455 break (also supported by OMX breaking lower yday), JPYSEK ready for a bullish take off, EURNOK looking for bids in the 7.3530/3605 area (NOKSEK correction ready?), EURPLN up from the triangle floor (to 4.10/12ish), BUNDS & NOTES in demand, EQUITIES (S&P500) offered but 1423/26 supportive, OIL finally ending the correction??, GOLD correction underway, it seems.

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SEB tech team