– The first day of February saw no let-up in the 2013 trend for high volumes: over the last year it was our third highest day overall.
– The broad-based euro rally continues to attract high volumes as EUR/USD volumes continue to rise.
– EUR/JPY posted a new volume high.
– EUR/SEK volumes picked up again as price fell.
– EUR/AUD broke higher out of range and volumes surged, suggesting further upside potential this quarter.
– USD/CHF also broke range but on below-average volume; a hammer cautions against assuming downside follow through this week.
Click here to read the full report: Technical Research
Barclays Capital