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Outlooks & Strategies For EUR/USD, GBP/USD, USD/JPY, USD/CAD - Barclays

From efxnews.com

The following are the latest technical outlooks and strategies for EUR/USD, GBP/USD, USD/JPY and USD/CAD as provided by the technical strategy team at Barclays Capital. EUR/USD: 1.3810 capped and the market now risks a drift lower in range towards 1.3660 (retracement). Overall we remain neutral within the 1.3660 to 1.3810 range. A close below 1.3660 is needed for a stronger top. GBP/USD: A Shooting Star pattern earlier this week warnedof a pullback towards 1.6605 (38% retracement of the recent rise). We are looking to sell rallies while 1.6825/30 caps and closer to price, in the absence of a recovery above 1.6740. ... (full story)

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