Canadian Dollar Price Outlook: USD/CAD Downside Breakouts in Focus

The Canadian Dollar cleared key support barriers against the US Dollar on multiple chart time frames. Will USD/CAD extend losses and set course to reverse its trend from 2012?

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GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Aug 04 when GBP/USD traded near 1.31.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.

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Japanese Yen Outlook: USD/JPY Slams into Support at Monthly Lows

Yen marked a second weekly rally against the Dollar and takes USD/JPY into key support at the monthly range lows. Here are the levels that matter on the technical chart.

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GBP/USD IG Client Sentiment: Our data shows traders are now at their least net-long GBP/USD since Aug 04 when GBP/USD traded near 1.31.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading bias.

from DailyFX – pages/rss.rss-list.technical-analysis https://bit.ly/2D7gwfc
via IFTTT