Mostly near-term ranging markets, with a kiwi exception. Lower oil

EUR/USD is still confined to a 1.3333\1.3433 range, with a small downside tilt… EUR/CHF is likely to test 1.2120\33 before lower… AUD/NZD could stretch into a 1.1130 test before turning lower again… EUR/SEK outside 9.1470\9.1800 would hint of direction… USD/SEK over 6.8695 & 6.8905 would show buyers’ initiative… GBP/SEK over 11.4830 would start looking short-term bullish… EUR/NOK outside 8.2135\8.2385 could tell the next move… GBP/USD 1.6750 still looks like a sell… A topside EUR/JPY spike points lower… EUR/HUF has confirmed a short-term bullish “Flag”… EUR/PLN double crossed us again – Look for 4.1750 before up… The Sep bund & US Sep tens contracts should deal with their short-term upside stretches before advancing again… The Sep S&P500 contract has entered a potential selling-zone at 1,968\74… The Oct Brent Crude contract paused briefly before extending losses and decline is likely to continue from here…

Read the full report: Technical Alert