EUR/USD – Could extend gains this week, but likely not breaking above 1.5145
EUR/GBP – Holds a >0.9043 test likely
EUR/CHF – Is stretched, but needs to break 1.2258 & 1.2400 for confidence in a low potentially in place
EUR/SEK – Has started the month bid – in a three month range
EUR/NOK – In a sixth consecutive month within well known parameters
USD/CAD – Worth following the implication of a counter-trend bullish print last month
AUD/USD, AUD/JPY & AUD/JPY – Downside attention needed
EUR/HUF – Outside 260.95\263.25 needed to show direction
USD/TRY – Look for a >1.63 move
USD/INR – Bullish print last month justifies an upside watch
CRB INDEX – A “C-wave high” is possibly in place but this needs further confirmation
SPOT SILVER – Notably bearish monthly print took the edge out of the prior ballistic move higher
GER 10Y YIELD – Resistance near 3.00% noted, but over 3.34% is needed to call for higher rates
GER 2Y YIELD – Bullish key-month reversal last month
S&P500 – 1252/1249 exposed while holding below 1348
€STOXX50 – Targeting ~2600 while trading south of 2980
Skandinaviska Enskilda Banken AB
