With most markets now having confirmed completed corrections focus is back on safe havens. Bear flags/triangles all over the place in equities, commodities, emerging markets etc.
EURUSD is fast approaching the 1.4100-area a key junction for medium term development, EURJPY has broken lower and should continue in the same direction, AUDUSD gapped lower today responding well to the Thursday up-thrust peak, EURCHF downside key week reversal (as well as several other €ur pairs), EURSEK a bit confused after failing again at 9.1550, EURNOK after Friday’s slump likely to also recheck the August lows, EUR/CEE3 all heading higher, BONDS making fresh trend highs (in price), Equities more losses lies ahead, Oil seems to finally be ending its corrective(?) rise and Gold shining.
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http://www.easyforexnews.net/wp-content/uploads/2011/09/TA0509.pdf
Tech team
Skandinaviska Enskilda Banken AB