Basically more of the same…a bid euro, weaker jpy, US bond futures lower, S&P500 lower…and GOLD unch. Shanghai C flying up to a key reference resistance. EURUSD 1.3140 still very much in focus, EURJPY still no signs of buyers exhausted even though indicators are….EURSEK an hourly bull triangle makes a new cycle high very likely, EURNOK ant steps higher and USDNOK heading sub 5.6020, RUB basket basing – watch out above 34.95, EURHUF bullish progress eyeing 284.15, BUNDS hesitant sellers at support, US NOTES fell through primary support…next 132-17, S&P500 posted a 2nd consecutive loser, 1397 however remains key, Shanghai C back above its 1990’s trend line pushing at the autumn highs, OIL mid range resistance held well making the black gold falling sharply.
Click here to read the full report: Technical Alert
SEB tech team