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Webinar: Month / Quarter End Setups- USD Crosses in Play Ahead of NFP

Webinar: Month / Quarter End Setups- USD Crosses in Play Ahead of NFP

Michael Boutros, Strategist

Talking Points

We’re heading into the close of the month / quarter this week and while we’ll want to stay nimble, the focus remains on the AUDUSD, USDCAD & GBPJPY setups highlighting last week. Keep in mind event risk is light ahead of Friday’s highly anticipated Non-Farm Payroll report. Be on the lookout for some USD weakness early in the session with the Dow Jones FXCM U.S. Dollar Index trading just below the upper median-line parallel extending offf the late February high – look for initial support into 11970.

We also discussed key levels for Gold & Crude Oil heading into the close of March trade. Continue to track these setups and more throughout the week-Subscribe to SB Trade Desk and take advantage of the DailyFX New Subscriber Discount!

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Check out SSI to see how retail crowds are positioned as well as open interest heading into March trade.

Relevant Data Releases

Webinar: Month / Quarter End Setups- USD Crosses in Play Ahead of NFP

Other Setups in Play:

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex contact him at mboutros@dailyfx.com or ClickHere to be added to his email distribution list

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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