Tech Setups For EUR/USD, GBP/USD, AUD/USD, USD/CAD - Barclays
The following are the latest technical setups for EUR/USD, GBP/USD, AUD/USD, USD/CAD as provided by the technical strategy team at Barclays Capital.
EUR/USD: We are bearish against resistance in the 1.1460 area. A move below support near 1.1345 would encourage our bearish view towards targets near 1.1265 and then the 1.1175 area
GBP/USD: We are overall bullish against the 1.5100 range lows and would prefer to buy dips towards support near 1.5165. The move above 1.5385 opens targets near 1.5540 and then the 1.5660 range highs.
AUD/USD: Tuesday’s reversal candle endorses our bearish view. We are looking for a move lower in range towards initial downside targets in the 0.7160 area and then towards 0.7030 ahead of the 0.6895 lows.
USD/CAD: We are bullish against support in the 1.2860/35 area. A move above 1.3080 would encourage our bullish view towards targets near 1.3180 and then towards the 1.3460 year-to-date highs.
