Again an initially weak euro later turning bid, leaving us with downside spikes in EURUSD, EURGBP and more. JPY weakness also continued accross the board (pushing Nikkei to a halfyear high) and so did the bounce in bond yields (US 10y rechecking the early Nov neckline break). EURUSD break or not to break 1.2882? and same question for EURGBP at 0.8075. USDJPY the bull should be facing some headwinds toward 82.70/83.25, EURSEK looking for bids around 8.60 (down to 8.56), USDSEK in a primary correction target window, 6.69/71, EURNOK seen trying higher after NOKSEK peak established yesterday, USDZAR continues to trade bullish and so does USDBRL (both still with good potential), S&P500 eyeing the 1402 resistance, OIL settling down in a contracting range…
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SEB tech team