Skip to Content
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.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
Technical Trade Levels: Dollar, EUR/USD, USD/MXN, AUD/USD, Gold & SPX

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

Michael Boutros, Strategist

Weekly Technical Trade Levels on USD Majors / Commodities


Dollar Plummets into the Weekly Open – Gold Recovery Vulnerable into Resistance

The US Dollar is under heavy selling pressure early in the week with the DXY down more than 0.5% into the open of US trade. The decline takes the index into near-term uptrend support and we’re looking for a pivot early in the week for guidance. Meanwhile, the recent gold price recovery is now testing Fibonacci resistance and put the multi-day rally at risk early in the session. An in-depth look at the technical levels for the Dollar Index, EUR/USD, USD/CAD, USD/MXN, Gold, NZD/USD, AUD/USD, USD/CHF, GBP/USD, GBP/CAD, GBP/JPY, SPX and EUR/JPY.

Starts in:
Live now:
Jan 09
( 13:01 GMT )
Live Weekly Strategy Webinars on Mondays at 12:30GMT
Short-term Trading Strategy Webinar
Register for Webinar
Join Now
Webinar Has Ended

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

Key Event Risk this Week- Economic Calendar

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.