Webinar: FX Majors in Focus as USD Rally Dissipates

Talking Points

• USD Crosses in focus as dollar indices signal near-term exhaustion
• Updated targets & invalidation levels
• Looking for more trade ideas? Review DailyFX’s 2016 4Q Projections

The majors are trading at key inflection points to start the week with the USD rally at risk near-term. Keep in mind it’s a shortened holiday week and liquidity will start to tighten over the next few days so we’ll want to stay nimble here. Key technical setups discussed on EURUSD, EURGBP, EURAUD, AUDUSD, AUDNZD, NZDUSD, GBPUSD, USDJPY, Gold, Silver and Crude Oil.

Relevant Data Releases

Other Setups in Play:

• Gold Prices into Support as Trump Rally Ignites the Dollar
• USD/CAD Testing Monthly Open Support Ahead of Canada CPI
• AUD/USD Breakdown to Turn or Burn on Aussie Employment, US CPI
• EUR/GBP Eyeing Support Targets Ahead of UK Jobless Claims

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

Join Michael for Live Weekly Trading Webinars on Mondays on DailyFX at 13:30 GMT (8:30ET)

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