Dollar a tad weaker since yesterday, commodities recovering and accordingly commodity currencies the best performers. EURUSD erratic moves around 1.30 continued/s and the next short term step clouded, AUDUSD has now climbed halfway up the outlined correction, USDJPY continues to push for a 100 break, EURSEK congestion in a 8.58/65 interval, EURNOK also a bullish congestion with bids seen 7.6650ish, USDSEK & USDNOK remain bid and should soon continue higher, USDCAD temporary setback, EURHUF having digested the topside spike the market is again looking north, EURPLN remains notable bid, BUNDS probably ended a minor setback yday, S&P500 new all time in sight, OIL upside correction targeting next 103.65 (other commodities, gold, copper also in a corrective bounce).
Click here to read the full report: Technical Alert
SEB