Weekly Technical Perspective on the US Dollar (DXY) Ahead of FOMC

Weekly Technical Perspective on the US Dollar (DXY) Ahead of FOMC

The US Dollar is testing initial support targets after reversing more than 3% off the yearly highs. Here are the key price levels that matter on the DXY weekly chart.
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A big week across the FX space is looking to finish in a big way after an outsized reversal has shown in the British Pound. A busy economic calendar awaits for the final week of Q3.
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Analyst Picks

Nick Cawley

Nick Cawley   

Analyst

Currency Pair:  Long CADJPY *** Update ***
Expertise: Technical and Fundamental analysis
Average Timeframe of Trade: one week to several weeks
Paul Robinson

Paul Robinson   

Market Analyst

Currency Pair:  EUR/USD Bullish on Breakout
Expertise: Technical
Average Timeframe of Trade: Several days to several weeks

Technical Analysis

Charts for Next Week – EUR/USD, USD/CAD, AUD/NZD, Gold Price & More

In a look ahead to next week, we looked at the euro breaking out, USD/CAD trading into an important support zone, AUD/NZD's bearish pattern, and whether gold can break out of its range.
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