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Webinar: Gaps Galore as All Eyes Fall on U.S. Elections

Webinar: Gaps Galore as All Eyes Fall on U.S. Elections

2016-11-07 16:50:00
Michael Boutros, Technical Strategist
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  • U.S. Elections to represent major event risk- USD, JPY crosses in focus
  • Updated targets & invalidation levels
  • Looking for trade ideas? Review DailyFX’s 2016 4Q Projections

With the U.S. Presidential Elections just 24-hours away, the majors remain at risk for a surge in volatility with our focus on the USD crosses heading into tomorrow. A wide-spread gap in yen crosses have also shifted our attention to opportunities in AUDJPY & USDJPY both of which continue to flirt with near-term resistance.

We’ll want to keep positioning light until the dust settles with the bulk of the volatility likely to come in at the Asia-open as the election results trickle in late-Tuesday night. Key technical setups discussed on DXY, USDOLLAR, AUDUSD, AUDJPY, USDJPY, AUDNZD, Crude, USDCAD, EURUSD, GBPUSD, Silver & Gold.

Relevant Data Releases

Economic Docket 11-7-2016

Other Setups in Play:

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

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

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