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Weekly Technical Outlook: USD Crosses Eye Make or Break Levels

Weekly Technical Outlook: USD Crosses Eye Make or Break Levels

Michael Boutros, Strategist

Last week’s mixed Non-Farm Payroll (NFP) report saw the DXY press into long-term slope resistance the greenback trading just below at the open of the week. This week’s close will be paramount on a host of USD crosses. A review of the majors also highlights key inflection points in view on the Aussie, Sterling & the Japanese Yen.

New to FX? Review this Free Beginners Guide to get started!

In this webinar we reviewed current & pending setups and updated technical levels on DXY, GBPUSD, GBPJPY, USDJPY, USDCAD, Crude, NZDUSD, AUDUSD, Gold, EURUSD, Bitcoin (BTCUSD) and Ethereum (ETHUSD). Keep in mind it’s a light week for U.S. event risk with the RBA & RBNZ interest rated decisions highlighting this week’s economic calendar.

Join Michael for his bi-weekly Webinar on the Foundations of Technical Analysis on Fridays- Register for Free Here!

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Key Data Releases

Weekly Technical Outlook: USD Crosses Eye Make or Break Levels

Check out this week’s DailyFX Webinar Schedule

Other Setups in Play:

See our NEW 4Q Projections in our Free DailyFX Trading Forecasts.

---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.

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