Subscribe to RSS

Intraday Outlooks For EUR/USD, GBP/USD, AUD/JPY, USD/CAD – SEB

The following are the intraday outlooks for EUR/USD, GBP/USD, AUD/JPY, and USD/CAD as provided by the technical strategy team at SEB Group.

EUR/USD: Topside spikes points lower. The past two days the market has tried to recover some of the recent losses but so far only without any success. The topside spikes shows that cautious buying soon has ran into offers, a behavior that we read as bearish. We must however probably pass today’s ECB announcement before making a real go for the downside i.e. passing 1.1306.

EURUSD

GBP/USD: Get ready for a powerful decline. Since the peak in June the pair has three times repeated a pattern of impulsively falling prices and three wave corrections (it is however still not fully clear whether the current one peaked at 1.5508 or if there’s one marginally high, preferably a spike above 1.5508, missing). So either prices fall beneath 1.5382 indicating that a top is in place and a powerful decline now underway OR we will make a failed attempt above 1.5508 (sell into such a move if occurring) completing wave c/ii (and getting prepared for a powerful decline).

GBPUSD

AUD/JPY: Set to dismantle supports below. The high end of the “Cloud” has proven itself again and again and now price action turns more negative, posting a threat to the lower end of this “Cloud”, now at 85.20. If also breaking the short-term “Equality point” at 84.95, downside potential would add more credence and put forth arguments for extension towards 83.65 (trendline support) and 82.78 (late Sep low). Downside prospects would fade on a counterbreak back over 87.35\55.

AUDJPY

USD/CAD: Targeting 1.3145\1.3215 next. A bullish benchmark candle was added yesterday. Its midbody point at 1.3060 should be supportive together with a previous high 20pips above and an ascending trendline some 60pips below it. This makes it likely to see extension higher to test Fibo retracement refs at 1.3145 & 1.3215 before the move is ebbing out. Current intraday stretches are located at 1.3000 & 1.3200.

USDCAD

‘This content has been provided under specific arrangement with eFXnews’.

0 commentsback to post

Add your comment

Nickname:
E-mail:
Website:
Comment:

Other articlesgo to homepage

$10 Binary Options No Deposit Bonus – Hirose UK

$10 Binary Options No Deposit Bonus – Hirose UK(0)

$10 Binary Options Free No Deposit Bonus Campaign is available for new clients who open a Binary Option Account. It’s that simple. Link: $10 Free No Deposit Bonus Link: 50% First Deposit Bonus Available to: All new Binary Option Account Validity Date: 31 December 2017 Bonus Offer: $10 Binary Options Free No Deposit Bonus Campaign

$30 Free Bonus Plus 30% Deposit Bonus – Ayrex

$30 Free Bonus Plus 30% Deposit Bonus – Ayrex(0)

$30 Binary Options No Deposit Bonus to all New activated Clients. Ayrex presents its very first Binary Options No Deposit Bonus for new traders. Sign up to get FREE $30 and turn them into a fully withdrawable $200! This bonus allows you to profit without making an investment and trade binary options risk-free. Link:  $30

$50 Forex No Deposit Bonus Exclusive Offer – FortFS

$50 Forex No Deposit Bonus Exclusive Offer – FortFS(0)

$50 Forex No Deposit Bonus Exclusive Offer to New and Existing Traders. The $50 Forex No Deposit Welcome Bonus can be received within the promotional time period, from 28.11.2016 to 07.12.2016 inclusive. Link:  $50 Forex No Deposit Welcome Bonus Link:  Up to 50% Bonus of Every Deposit Link:  15% Support Margin Bonus Available to: New

$25 Countdown Forex Bonus Promotion 2017 – ForexTime

$25 Countdown Forex Bonus Promotion 2017 – ForexTime(0)

$25 Countdown Forex Bonus Promotion 2017 new and existing will be eligible traders. ForexTime is offering by receive a $25 credit bonus when they make a deposit of $300 into their accounts*. Link:  $25 Countdown Credit Bonus 2017 Link:  Loyalty Cashback Promotions Link:  $4 Cashback back for every lot Ending Date: 31 December 2016 Available

100% US NFP Bonus Promotion December 2016 – Xtrade

100% US NFP Bonus Promotion December 2016 – Xtrade(0)

Up to 100% Deposit Bonus Promotion to All New and Existing Customers. December 2016 US NFP Announcement Deposit NOW $1000 to $5000 and receive 100% bonus! Link:  $50 No Deposit Bonus Promotion Link: 100% Deposit Bonus Promotion Link:  Free Flight Tickets to Madrid Available to: All New and Existing Customers Bonus Ending Date: Valid 01/12

100% Welcome Bonus Plus Risk Free Trade – Trade12

100% Welcome Bonus Plus Risk Free Trade – Trade12(0)

Get 100% Welcome Deposit Bonus and 7-day risk free trade, Boost your trading with a free 100% Welcome Deposit Bonus to your Live Trading Account. Link:  Get 100% Welcome Bonus Link: 50% Exclusive Deposit Bonus Available to: All new clients Ending Date: 31 December 2016 Bonus Offer: Get 100% Welcome Deposit Bonus Plus 7-day risk

Get 25% Credit Bonus on their first Deposit – HYCM

Get 25% Credit Bonus on their first Deposit – HYCM(0)

25% Credit Bonus available on your Deposits. Experience Some of HYCM New Features, Services and Offers Receive 25% Forex trading credit bonus Link:  25% Trading Bonus on your Deposits Ending Date:  31 December 2016 Available to:   New Clients only Bonus Offer: 25% Trading Bonus Available on your deposits to New Clients only. This promotion is

$300 Free win Forex Trading Credit Bonus – easyMarkets

$300 Free win Forex Trading Credit Bonus – easyMarkets(0)

$300 Free win Forex Trading Credit Bonus to all new and existing clients. Answer the weekend quiz and fill the form with your correct and accurate contact details. Link:  50% Deposit Bonus Up to $2000 Link:  $300 Free win Trading Credit Bonus Link:  $25 Forex No Deposit Bonus Available to: All new and existing clients.

$25 Free Bonus Forex & Binary Options – MarketsYes

$25 Free Bonus Forex & Binary Options – MarketsYes(0)

$25 No Deposit Bonus Forex / CFD & Binary Options. in order to get the No Deposit Bonus they must register and during the registration it will be a place to paste the coupon code: wl25cm . Link: $25 Free Bonus Forex / CFD & Binary Options Available to: All New Traders. Ending Date: 31

$50 No Deposit Forex Welcome Bonus – Fort Financial

$50 No Deposit Forex Welcome Bonus – Fort Financial(0)

$50 No Deposit Forex Welcome Bonus to New and Existing Traders. The $50 No Deposit Forex Welcome Bonus can be received within the promotional time period, from 28.11.2016 to 07.12.2016 inclusive. Link: $50 Forex No Deposit Welcome Bonus Link: Up to 50% Bonus of Every Deposit Link: 15% Support Margin Bonus Available to: New and

read more

Forex Featured Broker

Contacts and information

ForexDepositNews.com Forex Deposit Bonus, Forex No Deposit Bonus, Forex Live Contest, Forex Demo Contest, Free Forex Bonus Forex Brokers Review and Other All Forex promotions.

ForexDepositNews.com

Social networks

Most popular categories