Strong surge in German yield – keep an eye at 2.27%. The key day reversals reported Friday has seen mixed outcomes. Scandies has more or less fully reversed its signals whereas AUD, NZD & CAD ones remains fully valid.
EURUSD still rangebound, USDCAD looks like a buy around 1.0160, EURSEK watching development around the 8.9806/9920 key support (key day valid until the latter gives way), EURNOK key day fully reversed but arguments for a bounce remains, EUR/CEE3 mainly looks bid, Bunds bearish candle impose downside potential whereas US 10y note looks less bearish, S&P500 indecisive, Oil keep an eye at the neckline (esp. as CRB seems to be on the verge of breaking lower)and Gold falling through support.
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http://www.easyforexnews.net/wp-content/uploads/2011/12/TA1212.pdf
Tech team
Skandinaviska Enskilda Banken AB