Technical Alert

Eventful session yesterday with the euro up and all the way back down…creating a gravestone doji, a bearish setup for the day. EURUSD likely to find offers toward 1.3240/50, CABLE also likely to be sold given the rejection from the key resistance zone, AUDJPY also down from the top zone underpinned by a bearish divergence (AUDUSD solidly bearish print as well), EURSEK fell a lot more than anticipated and will likely consolidate in 8.64/69 area whereas USDSEK small bullish for the day, EURNOK fell back from its minimum target but hourly waves holds a possible bullish count in place, BUNDS & NOTES finally appears to have found terra firma, S&P500 bearish print and a bearish divergence, OIL higher but still within range.

Click here to read the full report: Technical Alert

 

SEB tech team