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#1 16-06-2015 08:09:15

johnedward
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From: Paris - France
Registered: 21-12-2009
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EUR/USD, GBP/USD, USD/JPY: short-medium term forecast and targets

EUR/USD, GBP/USD, USD/JPY: short-medium term forecast and targets according to Barclays


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Below, you will find Barclays latest short-term technical forecasts for the major forex currency pairs (EUR/USD, GBP/USD and USD/JPY):

EUR/USD: "We are bearish faced against the top of the range at 1.1470 and we expect a return below 1.1150 to confirm bearish momentum towards our targets at 1.0815 and 1.0660. Under 1.0660, we will target a movement towards the yearly lows at 1.0460."

GBP/USD: "The break last week above 1.5450 has triggered a double dip and drove us to adopt a bullish outlook in the short term, towards the area at 1.5680 / 1.57. A return above 1.57 would point to a rise to 1.5815."

USD/JPY: "The support in the 122 area supports our bullish overview. We are buyers on dips near 122.45, and we expect a break above 124.65 to confirm momentum towards 125.85 and then towards 132.20."


"Anything worth having is worth going for - all the way." - J.R. Ewing

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