Commodities falling sharply, OIL falling through its trapdoor (ending the week here and we will be looking for the mid 70’s). Accordingly commodity ccy’s should suffer so watch out for AUD selling (not to mention russian equities, that’s a head and shoulders top!).
EURUSD more small pieces of evidence the correction running out of steam, USDJPY bullish price action and a neckline test, EURSEK ZZZZZ (8.82/86), EURNOK at its next downside target, responding or not? NOKSEK looks bid, 1.1805 soon to break we think, BONDS corrections ending, S&P500 looking to sell, OIL free falling and GOLD taking a beating as well.
Sweden closed tomorrow.
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SEB tech team