· Friday was the 9th busiest day of the past year for overall activity.
· JPY saw the busiest day of the past 12-months as USD, AUD and NZD all recorded top five days.
· USD/JPY posted a bullish daily hammer on high volumes which signals that investors are buying the lows. Similar activity was noted in EUR/JPY, GBP/JPY and AUD/JPY.
· NZD/USD volumes were at the highest in a month as price closed at the lowest since last July. Further weakness is likely over the coming days.
Read the full report: Technical Research
Barclays