Dollar, EUR/USD, GBP/USD, Gold & Bitcoin Technical Trade Levels
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Weekly Technical Trade Levels on USD Majors / Commodities
- Technical setups we’re tracking across the USD Majors / Commodities
- Updated trade levels on US Dollar, EUR/USD, USD/CAD, Gold, Bitcoin & more!
- New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide
US Dollar Price Collapse Wanes into December Open– Gold Bulls Look to Validate a Low
There’s been a surge of volatility into the start of the month with the US Dollar Index breaking below multi-year uptrend support last week. The decline looks a little tired into the start of the week as numerous USD Majors stretch into key technical levels. An in-depth look at the technical levels for the US Dollar Index, EUR/USD, AUD/USD, NZD/USD, GBP/USD, USD/CAD, Gold, Bitcoin (BTC/USD), USD/CHF, Copper and Oil.
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 - 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.