Technical Analysis: Technical Alert – Corrections ending?

Interesting times ahead. Most asset classes now into their potential target zones hence the risk of at least a temporary setback must be regarded very high.

EURUSD facing increasing headwinds in the 1.38/39, USDJPY finally catching up with the rise of US bond yields?, EURSEK still rangebound, EURNOK trying next support, 7.7520, USDSEK/NOK into their respective buy areas, USDMXN looks like a perfect setup for an impulsive rally, EURPLN at its correction key support, S&P500 spiked above its 55d ma band, Oil mildly but nevertheless rejected from its daily “cloud” and GOLD struggling higher.

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http://www.easyforexnews.net/wp-content/uploads/2011/10/TA1310.pdf

 

Tech team
Skandinaviska Enskilda Banken AB