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

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

28 June 2016, 19:16
Vasilii Apostolidi
0
51

EUR/USD: We are bearish and look for resistance in the 1.1130 area to cap a move lower towards initial targets near Friday’s 1.0910 lows and then towards a swing target near 1.0840. Beyond there we are looking towards the 1.0710 area.

Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 

 

USD/JPY: We are bearish and would prefer to fade upticks towards the 103.55 former range lows. Our targets are back to Friday’s 99.00 lows and further out towards the 94.80 area.

GBP/USD: Our bearish view was encouraged by the lowest daily close since September 1985. We are looking for further downside towards targets near 1.3015 and then the 1.2750 area.



AUD/USD: Increased volume on the previous two down-days helps to endorse our bearish view. A move below initial targets near 0.7285 would signal lower towards the 0.7145 lows.

NZD/USD: We are bearish and look for a move below 0.6960, our initial targets, to open our next targets towards 0.6890 and then the 0.6810 area.

USD/CAD: We prefer to fade upticks towards 1.3190 and look for a move below targets near 1.2655 to signal lower towards the 1.2460 year-to-date lows.

Share it with friends: