Subscribe to RSS

Intraday Outlooks For EUR/USD, USD/JPY, EUR/CHF, Gold – SEB

The following are the intraday outlooks for EUR/USD, USD/JPY, EUR/CHF, and Spot Gold as provided by the technical strategy team at SEB Group.

EUR/USD: Another 1.13+test underway. Even though most factors speaks in favor of a bear flag being under construction since Sept 22 the short term charts speaks of more near term upside risk. The move above 1.1273 triggers an hourly buy signal calling for a test of the flag’s upper boundary, 1.1340-ish (and then turning for a downside test). To avoid the above scenario prices must fall back below 1.1211.

e-Institutional Views

USD/JPY: At the apex point. Given that prices just went out of the triangle to the right no signal was given. Nevertheless the apex point of the former triangle is still providing support to the market and unless falling below 119.75 in a sustained and impulsive manner, a soon move higher should be sought. On a grander scale it actually takes a 118.68 break to take a more bearish stance.

e-Institutional Views

EUR/CHF: That’s an interesting U-turn. Following a false downside exit from the triangle the market soon pushed prices higher making the pair instead ending the day above the triangle’s upper boundary. The behavior is clearly bullish (with basically a key day reversal put in place yesterday) calling for more upside action near term. The triangle formation indicates that we should be heading for levels above the September top, 1.1050.

e-Institutional Views

Spot Gold: Small setback likely before sharply up. Trendline sellers mark a “Triangle” wave point “D” and it should ideally be followed by a short & shallow “E-wave low, somewhere around 1,131/26 before moving up for the BIGbreak out of the formation to challenge resistance at 1169/70, 1,184 to reach the extension objective at 1,192.

EURUSD

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

Get 250% Bonus Promotion for First Deposit – Insta Forex

Get 250% Bonus Promotion for First Deposit – Insta Forex(0)

250% Deposit Bonus to All new trading account, who had not had accounts with InstaForex before. The bonus can be deposited to Standard USD accounts, There are few steps in getting the biggest bonus of 250%! Link:  Get 250% Bonus for First Deposit Link:  $5000 Forex No Deposit Free Bonus Link:  $5000 Forex No Deposit

30% Reduction Spreads and 30% Deposit Bonus – AvaTrade

30% Reduction Spreads and 30% Deposit Bonus – AvaTrade(0)

We have always offered excellent bonuses promo and high leverage, Enjoy a 30% Special reduction on spreads and 30% Special Welcome bonus on your deposit! Link:  100% Bonus to Your First Deposit Link:  30% Sign-up Bonus on your Deposit Link:  30% Enjoy Reduction on Spreads Available to: All new account Ending Date: 31 December 2018

30 USD Free Account Verification Forex Bonus – Xtrade

30 USD Free Account Verification Forex Bonus – Xtrade(0)

$30 Free Account Verification Forex Bonus and up to $6000 First Deposit Bonus Promotions and $25 Free Cash Bonus No deposit required forex bonus to all new live trading account. Link:  $25 Forex No Deposit Bonus Link:  $30 Free Account Verification Bonus Link:  Up to $6000 First Deposit Bonus Bonus Ending Date: 31 December 2019

Get 100% Bonus Doubles your Deposit – FBS Broker

Get 100% Bonus Doubles your Deposit – FBS Broker(0)

Get 100% Forex Bonus Doubles your Deposit FBS Broker has prepared something really special for you. Activate 100% Forex Deposit Bonus and make your trading x2 more efficient Link:  $123 Free Special Bonus Promotion Link:  100% Deposit Bonus Promotion Link:  $88.8 Lucky No Deposit Required Bonus (for Malaysian traders) Available to: All new traders Ending

50% Bonus of Every Deposit – Fort Financial Services

50% Bonus of Every Deposit – Fort Financial Services(0)

Up to 50% Bonus of Every Deposit to All New and Existing Traders. You Deposited $1000 on your account, chose a 50% bonus and got 500 extra dollars to the initial deposit amount. Link: Up to 50% Bonus of Every Deposit Link: $5 Forex No Deposit Welcome Bonus Link: 15% Support Margin Bonus Link:  Profit

Get a $50 Free Bonus Start Trading Bitcoin – UFX

Get a $50 Free Bonus Start Trading Bitcoin – UFX(0)

Get a $50 Free Bonus Start Trading Bitcoin with UFX. Forex Trading Bitcoin with UFX is simple and gives you the opportunity to increase your return whether BTC prices RISE or FALL Link:  $50 No Deposit Bonus Promotion Link:  $50 Free No Deposit Bitcoin Bonus Link:  Halloween Trick or Trade Competition Link:  100% Real Money

$3500 Free No Deposit Bonus in a Minute – Insta Forex

$3500 Free No Deposit Bonus in a Minute – Insta Forex(0)

Get $3500 Free No Deposit Bonus in a Minute from InstaForex no need to risk your own money if you have already got funds to earn more money. The $3500 Free No Deposit Bonus in a Minute from InstaForex is an exciting opportunity to start Forex live trading. Link:  $500 Forex No Deposit Free Bonus

Forex Circuits Live Trading Contest 2017 – Forex Time

Forex Circuits Live Trading Contest 2017 – Forex Time(0)

ForexTime latest Live Contest Win cash prizes from a $400,000 total prize pool. FX Circuits rewarding clients with real, withdrawable from a $400000 total prize pool.* Link:  FX Circuits Live Trading Contest Link:  Demo Forex Trading Contest Link:  Loyalty Cashback Promotions Link:  200% Withdraw able Cashback Rebates Available to:   New Clients only Contest Offer: ForexTime

$200 Forex Free No Deposit Pushup Bonus – FreshForex

$200 Forex Free No Deposit Pushup Bonus – FreshForex(0)

FreshForex finally launches long-awaited $200 Forex Free No Deposit Pushup Bonus Broker. With FreshForex new bonus every new client registered with us through special link within promotion period gets $200 to the trading account. Link:  $200 No Deposit Pushup Free Bonus Ending Date: 16 September 2018 Bonus Offer: $200 No Deposit Welcome Pushup Bonus for

$30 No Deposit Forex Welcome Bonus Campaign – Tickmill

$30 No Deposit Forex Welcome Bonus Campaign – Tickmill(0)

$30 No Deposit Forex Welcome Bonus Campaign to All new traders. $30 Free Forex Welcome Account is available to all new clients who expressed a wish for it during the registration process. Link:  Weekly Demo Race Trading Contest Link:  $30 Free Welcome Bonus Campaign Link:  Forex Monthly Live Trading Contest Available to: All new traders

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