View full page at forexfactory.com

 

Setups: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, USD/CAD - Barclays

From efxnews.com

EUR/USD: Friday’s low close encourages our bearish view and endorses a double top pattern under the 1.1185 July peak. We are looking for a move lower towards the 1.0910 range lows and then targets near 1.0820/1.0835 and then 1.0710. USD/JPY: Last Thursday’s reversal candle on increased volume has encouraged us to turn bearish. We are looking for a move lower towards targets near 103.80, the 21-dma. A close below 103.80 would signal lower towards 100.00. GBP/USD: We are bearish. Friday’s key reversal candle signals lower. A move below nearby support in the 1.3065 area would point towards targets near 1.2800/1.2750. A ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News