Analysts at Barclays Capital draw investor’s attention to the fact that US dollar is strengthening versus its main counterparts.

The pair EUR/USD broke down below the daily Ichimoku Cloud. In their view, if euro goes down below 1.3160 it will fall to the Fibonacci support at 1.3080. On the upside, the single currency will be limited by 1.3450.

As the pair USD/CHF managed to close last week above 1.0080, it’s now poised to climb to 1.0180, think at Barclays Capital. The upside pressure will decline only if the greenback closes the day below 0.9945 francs.

The pair USD/JPY, in its turn, closed above 84.00 that may mean a possible rally to 84.70 and 86.00.



Chart. H4 EUR/USD

http://www.fbs.com/upload/image/tech...08_500_0_0.jpg

Chart. H4 USD/CHF


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