Not terrible eventful overnight…. AUD losing some ground and JPY a tad weaker. EURUSD worked its way into a broader support zone yesterday and bias hence remains for more losses, AUDUSD must be monitored closely around 1.05, USDJPY bounce higher expected to end no later than 89.15 (caution below 88.14), NIKKEI 225 has Fri – Wed created a bearish island reversal, EURSEK twice spiking above 8.64/65 points lower, USDSEK possible 60 min head and shoulders top, EURNOK look for returning bids below 7.3870, NOKSEK hence liked lower from 1.1700, EURHUF all tools in bullish gear, improving outlook for BUNDS and NOTES (in price), S&P going nowhere, SILVER ready for a take off and OIL should trade lower from here.
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SEB tech team