New month and some interesting monthly February candles. The most interesting ones are the clear signal for lower NOK and German 10yield. Euro correction losing steam and renewed pressure is seen on its way. USDZAR impulsively if not explosively ended its downside correction. EURUSD turned down from the 1.3140/70 sell window, EURJPY bear flag ready to go, Norway I44 index printed a key month reversal so say goodbye to more nok strength, EURSEK still rangebound, GBP should recover some against most currencies, NOKSEK broke the long term support line so lowering targets, BONDS still in a congestion but soon in demand again, S&P500 still clouded whereas OIL continues to trade poorly.
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