EUR/USD, USD/JPY, GBP/USD, AUD/USD: Barclays' technical recommendations

Here is Barclays' technical advice for the EUR/USD, USD/JPY, GBP/USD and AUD/USD:

EUR/USD: We are bearish with in light of resistance at 1.1215 and expect a move towards 1.0810. An unexpected move above 1.1215, however, would force us to abandon our bearish short-term opinion and wait for better levels to sell.

USD/JPY: We prefer to use troughs as opportunities to buy at better levels in light of support at 123, the lower limit of the range. Our upward goal is 125.85, the year's high. A break above this level would pave the way for 132.20.

GBP/USD: Our preference is to buy dips and play on the 1.5330/1.57 range. A break above 1357 would confirm bullish momentum towards our goal of 1.58 and then 1.5930, the year's high.

AUD/USD: No change. We are generally bearish in light of resistance found in the 0.7450/0.75 area and are anticipating a decline towards 0.7215 and 0.71.