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Setups: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD - Barclays
EUR/USD: A weekly topping candle encourages our bearish view. A move below our initial targets near 1.1360 would signal lower towards 1.1300 and then the 1.1215 range lows. USD/JPY: We are bullish in the short term and look for a squeeze higher in range towards the 108.75 area, where we would look for signs of a top. Overall, we are bearish towards 105.20 and then 100.75. GBP/USD: A move below our initial downside targets in the 1.4390 area would signal further weakness. Our next targets are towards 1.4300. AUD/USD: We have turned neutral having reached our initial targets near 0.7330 and expect a period of ... (full story)
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