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

EUR/USD: We are clinging to a bearish view. A move above resistance in the 1.1180 area would force us to turn neutral. For now, we are looking for a move lower in range towards initial targets near 1.0970 and then the 1.0910 lows. Further out, we see room towards 1.0840 and then the 1.0710 area.

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

USD/JPY: Friday’s bearish engulfing candle encourages our bearish view. A low close today would endorse the reversal and point towards initial targets near 101.45. A move below 101.45 opens the 99.00 lows.

GBP/USD: We are bearish against last week’s 1.3535 highs and look for a move through the 1.3120 lows to confirm downside traction. Our targets are towards 1.3015 and then the 1.2750 area.

AUD/USD: The break above resistance near 0.7520 signals a further upside squeeze before sellers emerge. We expect the 0.7650 range highs to cap a move lower towards the recent range lows near 0.7285. Beyond there, we are looking for downside towards 0.7145.

NZD/USD: We are bearish and expect the 0.7305 highs to cap upticks. We are looking for a move lower in range towards initial targets near 0.6960 towards the 0.6810 area.

USD/CAD: The move below our initial downside targets near 1.2845 encourages our bearish view towards 1.2775 and then the 1.2655 range lows. Further out, we are looking for a move to the 1.2460 year-to-date lows.