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#1 25-03-2016 07:37:43

johnedward
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From: Paris - France
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EUR/USD and USD/JPY: Forecast and short term recommendations for today

EUR/USD and USD/JPY: Forecast and short term recommendations for today (Barclays bank)


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Below are Barclay bank's latest short-term forecast for the EUR/USD and the USD/JPY for today Friday, 25 March 2016:

EUR/USD: "A movement below our initial target at 1.1145 would support our bearish view, in this case with a further target at 1.1055."

USD/JPY: 'We are bearish and we recommend selling near the resistance level at 113.10. The top of the range at 114.90 should block any further increases, and help maintain our bearish view, with targets at 110.65, 110.35 and 110.05."


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

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