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Setups For EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD - Barclays
The following are the latest technical setups for EUR/USD, USD/JPY, USD/CHF, GBP/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: We are bearish and would use upticks towards 1.0765 as an opportunity to sell at better levels. Our targets are near 1.0520 and then the 1.0460 year-to-date lows. USD/JPY: Monday’s small topping candle signals a breather within the context of the overall rising trend. We would look to buy dips towards 122.20 for a move higher through 123.75 towards our targets near the 125.30/125.85 highs. GBP/USD: Our bearish view was encouraged by the close ... (full story)