-
Technical Setups For EUR/USD, USD/JPY, GBP/USD, AUD/USD - Barclays
The following are the latest technical setups for EUR/USD, USD/JPY, GBP/USD, and AUD/USD as provided by the technical strategy team at Barclays Capital. EUR/USD: No change. We are bearish and look for a move lower towards initial targets near 1.1100 an then lower towards our targets near 1.1050 and 1.1000. Our greater targets are towards 1.0765. Nearby resistance is in the 1.1345 area, the 21-dma. USD/JPY: The close above nearby resistance in the 119.85 area encourages our bullish view. We look for a move towards targets on the 120.50/85 area. A break above 120.85 would signal a re-test of the greater range highs ... (full story)