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Election Trade Levels: Dollar, EUR/USD, GBP/USD, AUD/USD & Gold

Election Trade Levels: Dollar, EUR/USD, GBP/USD, AUD/USD & Gold

Michael Boutros, Strategist

Weekly Technical Trade Levels on USD Majors / Commodities

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Dollar Recovery to Face First Test – Gold Braces for US Presidential Elections

The week is loaded with major headline event risk with the US Presidential Elections on tap tomorrow. The Reserve Bank of Australia (RBA), the Bank of England (BoE) and the FOMC meet this week ahead of Friday’s US Non-Farm Payroll report – the stakes are high and technical levels are clear. An in-depth look at the technical levels for the Dollar Index, EUR/USD, Gold, USD/JPY, SPX, AUD/USD, USD/MXN, Crude Oil (WTI), GBP/USD, USD/CAD, and USDCHF.

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 Event Risk This Week - US Presidential Elections - Central Banks - NFP

Economic Calendar - latest economic development and upcoming event risk

---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.

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