EURUSD is still in range but may test its upper end… USDJPY is challenging BOJ – is there a line in the sand at 76.25? EURCHF is UP 300pips form its overnight low of 1.0075(!!!) – where next??? EURSEK filled an upside objective yesterday and is thought to range inside 9.19\29… EURNOK may still try higher. NB rate decision is an event risk… EURGBP holds upside potential following the very bullish print added yesterday… AUDUSD may have an intermediate low in place (but more is needed to secure a lasting low)… Bunds trade in a tricky widening range, but upside attention is still required… The US 10y yeild hit, and was rejected from, the 2008 low (target)and may trade higher from here, but a lasting low in place is less likely. Support likely at 2.55\2.60%… SP500 has posted a bold bullish print but also above 1249\1267 is needed to secure a lasting low… Brent crude is thought to trade higher from here…
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http://www.easyforexnews.net/wp-content/uploads/2011/08/TA1008.pdf
Tech team
Skandinaviska Enskilda Banken AB