News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Real Time News
  • Heads Up:🇨🇳 Industrial Profits (YTD) YoY (SEP) due at 01:30 GMT (15min) Previous: 49.5% https://www.dailyfx.com/economic-calendar#2021-10-27
  • The Australian Dollar has had a period of strengthening against most currencies but there might be some challenges ahead. Will the Australia Dollar go higher? Find out here: https://t.co/0wRHCXnUCO https://t.co/4AfnR4S5ig
  • Australian Dollar up in morning Wed trade after CPI data #RBA preferred trimmed mean reading surprised much higher at 2.1% y/y vs 1.8% anticipated (underlying pressures) Front-end bond yields also up, reflecting fading dovish policy bets $AUDUSD #AUD https://t.co/86DtgAkgPh https://t.co/mKc70SBCDs
  • 🇦🇺 Inflation Rate QoQ (Q3) Actual: 0.8% Expected: 0.8% Previous: 0.8% https://www.dailyfx.com/economic-calendar#2021-10-27
  • 🇦🇺 Inflation Rate YoY (Q3) Actual: 3% Expected: 3.1% Previous: 3.8% https://www.dailyfx.com/economic-calendar#2021-10-27
  • Heads Up:🇦🇺 Inflation Rate QoQ (Q3) due at 00:30 GMT (15min) Expected: 0.8% Previous: 0.8% https://www.dailyfx.com/economic-calendar#2021-10-27
  • Heads Up:🇦🇺 Inflation Rate YoY (Q3) due at 00:30 GMT (15min) Expected: 3.1% Previous: 3.8% https://www.dailyfx.com/economic-calendar#2021-10-27
  • 🇳🇿 ANZ Business Confidence Final (OCT) Actual: -13.4 Previous: -7.2 https://www.dailyfx.com/economic-calendar#2021-10-27
  • Heads Up:🇳🇿 ANZ Business Confidence Final (OCT) due at 00:00 GMT (15min) Previous: -7.2 https://www.dailyfx.com/economic-calendar#2021-10-27
  • The Japanese Yen has found some support after weakening this month against the US Dollar and Euro. Have we seen the top in USD/JPY and EUR/JPY? Find out from @ddubrovskyFX here:https://t.co/TsLjTAsoCE https://t.co/41IIOiVqip
Strategy Webinar: Aussie Breakout Testing 2016 Highs- What Next?

Strategy Webinar: Aussie Breakout Testing 2016 Highs- What Next?

Michael Boutros, Strategist

Talking Points

  • Review of current / active setups into the weekly open
  • Updated targets & invalidation levels
  • Join Michael for Live Weekly Trading Webinars on Mondays at 12:30GMT

The DXY remains at risk to open the session after breaking below the July open last week. Likewise, EURUSD is probing the highs ahead of Thursday’s ECB interest rate decision- Price is vulnerable for a near-term pullback but the outlook remains constructive while above 1.1340.

Aussie remains one of my favored setups after last week’s key technical breakout. The pair opens the week just below up-slope resistance with the outlook still constructive while above 7735.

Gold prices are on firm footing but the advance is now approaching some levels of interest for resistance at 1234 backed by 1240/41- watch for possible near-term exhaustion there. A review of the crypto currencies also sees room for a bit of a rebound higher before turning lower again.

See our New 3Q projections on the majors in the DailyFX Trading Forecasts.

In this webinar we discussed examples of multi-timeframe analysis and review both current and pending setups & updated technical levels on DXY, EURUSD, USDJPY, BTCUSD, NZDUSD, AUDUSD, AUDNZD, USDCAD, Gold, Crude, Silver, GBPUSD & GBPJPY.

Join Michael on July 21st for a Live Webinar on the Foundations of Technical Analysis- Register for Free Here!

---

Key Data Releases

Economic Docket

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.

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

DISCLOSURES