-
Setups For EUR/USD, USD/JPY, AUD/USD, NZD/USD, USD/CAD - Barclays
The following are the latest technical setups for EUR/USD, USD/JPY, AUD/USD, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: Yesterday’s “doji” candle warns of a potential top. A low close today would encourage us to turn move bearish against resistance near the 1.1495 range highs. Below 1.1160 would point towards initial targets near 1.1060. USD/JPY: Having reached our initial targets near 113.10, we now expect further weakness towards our greater targets in the 110.35 area. Beyond there we see room for a move towards 106.00. AUD/USD: Tuesday’s basing candle ... (full story)