– Volumes returned to median levels for the past year on Thursday, matching the highs of 2 August.
– EUR/JPY closed above range highs yesterday, with a marked increase in volume confirming investor appetite for the move higher.
– The bearish range break in USD/CAD also saw an increase in daily volume, which signals further downside to come.
– EUR/SEK volume on Thursday was more than twice that seen on Wednesday, suggesting that SEK selling is not done yet.
Click here to read the full report: Technical Research
Barclays Capital