Technical Analysis

Risk appetite a tad lower with Spanish bond yield showing bottom-ish signs, S&P500 back risking to break the 1416 support and OIL lower.

The greenback is accordingly rising a bit this time also with gains against the JPY. EURUSD should likley try it a bit lower (but supported by rising EURJPY (to 104.40ish?)), BOE GBP index has signalled that a weaker sterling is undeway, EURSEK found bids in the outlined target and upside risk should now be on the rise, EURNOK weak sellers has opened up for higher (but still within range), USDNOK is also at an important junction (bear flag or base), USDZAR ready to thrust higher breaking 8.8370?, EURHUF gunning for a 280.50 break, BUNDS returning buyers to push prices up again, NOTES likely a similar move.

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SEB tech team