Riksbank and the SEK in focus today. The false downside break in EURSEK and NOKSEK are clear warning signs that the move has been overextended.
EURUSD still digesting the previous slump, immediate bearish stance advocated holding below 1.3050, AUDUSD bearish engulfing candle yesterday suggest upside reaction ending, EURGBP triangle still waiting for the downside break, EURSEK downside spike below the 233d ma band suggests a potential low in place, EURNOK fell more than expected, NOKSEK second downside failure to attract more buying, USDTRY about to pass its previous peaks, US10y note to continue its climb (in price), Bunds a bit more hesitating, S&P500 slowly eroding support, Oil bouncing but 106 should be a sell, Gold a potential bear flag.
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Tech team
Skandinaviska Enskilda Banken AB