Risk aversion noted – bonds & oil up, stock down

EUR/USD trades cautiously lower into the support zone at/around the 1.35-mark. GBP/USD tests support in the high/mid-1.70s once more. EUR/JPY offers likely at 137.20\50. EUR/SEK looks staged to test resistance around 9.27 again. USD/SEK over 6.8450 would target a fresh high EUR/NOK Support (8.37) attracted buyers, let’s see if resistance at 8.4490 attracts sellers. USD/NOK targets 6.2275 and then a +6.2405 print. NOK/SEK remains staged for a shift up. The Sep 10y Bund extends gains into unchartered territory. The Sep S&P500 contract must recover 1,963 to avoid a deeper setback (possibly towards 1,925/1,913). The Sep Brent Crude contract is likely about to test refs at 109.20\110.35\111.45. Wrong if breaking back below 106.75.

Read the full report: Technical Alert