The Canadian Dollar breakout has cleared the April range with USD/CAD threatening fresh yearly lows. These are the levels that matter on the Loonie technical charts.
The Euro looks poised to extend recent gains against its major counterparts in the weeks ahead, as bullish technical setups point to further upside. Key levels for EUR/USD and EUR/JPY rates.
The US Dollar weakened for the third consecutive week, with the DXY index dropping 0.86%. Now, the Greenback faces technical support that may end the trend lower.
Cable broke out of a bull-flag last week, but spent a few days retracing that initial move; look for the outlook to remain bullish above longer-term trend support.