Tech Setups For EUR/USD, USD/JPY, GBP/USD, AUD/USD - Barclays

26 October 2015, 20:02
Vasilii Apostolidi
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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: The break below our initial downside targets in the 1.1085 area on increased volumes signals lower. We are now looking for a move towards support near 1.0940 and then our next targets at the 1.0810 range lows.

USD/JPY: Our bullish view was encouraged by the break above 121.30. Our next upside targets are near the 121.75 range highs and then the 122.00/15 area.

GBP/USD: We are bearish within range towards initial targets in the 1.5260 area and then 1.5200. From there we would look for signs of a base ahead of the 1.5105 September lows.

AUD/USD: We are overall bearish and would use upticks as an opportunity to sell at better levels. A move below 0.7180 would signal lower towards our initial targets in the 0.7160 area and then 0.7030 ahead of the 0.6895 lows.

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