Skip to Content
News & Analysis at your fingertips.
Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
Technical Trade Levels: Dollar, Gold, EUR/USD, AUD/USD, USD/CAD & USD/MXN

Technical Trade Levels: Dollar, Gold, EUR/USD, AUD/USD, USD/CAD & USD/MXN

What's on this page

Weekly Technical Trade Levels on USD Majors / Commodities

USD at Trend Extremes into August Open – Gold Breakout Testing Initial Resistance at Record Highs

The US Dollar Majors are trading into critical technical levels into the open of August trade. An unrelenting, multi-week USD sell-off was halted on Friday and the immediate focus is on whether the near-term recovery in the greenback is just a relief rally or the start of a larger rebound. Gold has responded to the first measured resistance target at fresh record highs at 1983- we’re looking for a reaction off this mark early in the month. In this webinar, we review the updated technical trade setups on DXY, EUR/USD, AUD/USD, Gold (XAU/USD), USD/CAD, S&P 500 (SPX500), USD/JPY, USD/MXN, NZD/USD, USD/CHF, Silver, Oil and GBP/USD.

For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy

Key Event Risk This Week

Economic Calendar - Key USD Data Releases

Economic Calendar - latest economic development and upcoming event risk

Forex for Beginners
Forex for Beginners
Recommended by Michael Boutros
New to Forex Trading? Get started with this Beginners Guide
Get My Guide

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

Follow Michael on Twitter @MBForex

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