Little has changed over the past 24hrs… EURUSD, GBPUSD, AUDUSD & EURJPY all trades with a short-term downside bias, with important refs below at 1.3259, 1.5577, 1.0140 & 103.35 – All within reach… EURSEK could recheck resistance above around 9.08 (more is needed for a renewed near-term outright bullish stance), while EURNOK could extend losses towards 7.70… In this environment NOKSEK should extend yesterday’s bounce off support to, or even above, 1.1745… USDTRY & EURPLN both look ripe to stage upside extensions with 1.8120 & 4.5000 being important refs to keep in mind… German Bund looks less fortunate than its US peer… The Shanghai Composite index draws closer to another attempt to break key long-term support at 2307 and EuroStoxx50 also looks set to suffer a setback… Brent spiked higher again yesterday which holds the downside more likely than the upside…
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http://www.easyforexnews.net/wp-content/uploads/2011/12/TA0612.pdf
Tech team
Skandinaviska Enskilda Banken AB