The common currency ended last week on a negative footing, with especially EURJPY looking very vulnerable to continued selling. €Z banks index is setting up a rather ugly top formation so clearly a must watch.
EURUSD heading for a test of the 1.3565/75 key support, EURJPY very bearish weekly candle last week will guide the market lower, USDCAD bottomish behaviour, EURSEK more congestion ahead of a go at the 9.50’s, USDSEK soon to make it up into the 6.90’s, EURNOK slower than expected downside correction raises a question mark, NOKSEK the break of 1.1040 is very bullish but a short term rection lurking around 1.11, EURPLN a new attempt at the 2012 trend line? US NOTES soon probably trying to exit the box to the downside, €stoxx 600 ez banks heading for a neckline test, BRENT stabilizing and GOLD 1305 and then up.
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