Tech Setups For EUR/USD, USD/CHF, NZD/USD, USD/CAD - Barclays

The following are the latest technical setups for EUR/USD, USD/CHF, NZD/USD, and USD/CAD as provided by the technical strategy team at Barclays Capital.

EUR/USD: The move below 1.1335 encourages our bearish view. Our initial targets are near 1.1260. A move below 1.1260 would open our next targets in the 1.1105/1.1085 area.

USD/CHF: We are cautiously bullish against last week’s 0.9475 lows, given the decline in recent volumes. A move above 0.9580 would signal further upside towards targets near 0.9650 and then the 0.9900 highs.

NZD/USD: We are bearish against resistance in the 0.7000 area. A move below 0.6740 would signal lower towards initial targets near 0.6615 and then 0.6455.

USD/CAD: The overnight sell-off in crude oil encourages our bullish view. A move above our initial upside targets near 1.3080 would signal higher in range towards 1.3150 and then the 1.3460 year-to-date highs.