EURUSD: UR/USD looks set to deal with the stretch through a 1.2990\1.3045 retest… USD/JPY targets 106.90-107.35 next – in spite of the prevailing stretch… AUD/USD “Head & shoulders” top confirmed – ideally targeting 0.8955… AUD/NZD is also expanding the bearish move, targeting 1.1050 next… EUR/SEK looks inter-range bid for another 9.2250 test… USD/SEK could correctively re-test 7.0675/7.0355, though not likely if breaking back over 7.1200… EUR/NOK is targeting 8.2385 next. Support at 8.1850… NOK/SEK below 1.1180 would target 1.1125/1.1100 next, but not if breaking back over 1.1315… USD/ZAR upmove is getting legs, soon targeting 11.06… EUR/PLN trades higher too. Eyes on 4.2155 now… Dec Bunds should find support at yesterday’s low. 148.73 is short-term key above… The US Dec tens correction lower should also fade, so keep an eye on 124-27 above… The Sep S&P500 contract should encounter bids in the high/mid-1980s… The Oct Brent Crude contract is falling again, but a bounce back to 101.05 is still a possibility… China Iron Ore extends losses, targeting 74.70 next.
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