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Mid-Week Market Check Up- USD, AUD, CAD, JPY, Gold, SPX & Bitcoin

Mid-Week Market Check Up- USD, AUD, CAD, JPY, Gold, SPX & Bitcoin

Michael Boutros, Strategist

Weekly Technical Update on USD Majors / Commodities

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US Dollar Exhaustion Faces First Test - Gold Recovery in Focus as Bitcoin Eyes Record Highs

In Monday’s Weekly Strategy Webinar we discussed the risks to the recent US Dollar recovery as numerous breakouts approached near-term trend extremes. While the DXY has indeed pulled back off the monthly highs, the index is virtually unchanged for the week with opening-ranges in play across the Majors. In this webinar we take an in-depth look at the technical levels for the US Dollar Index, EUR/USD, AUD/USD, USD/CAD, Gold, Bitcoin (BTC/USD), USD/JPY, US10Y (TNX), GBP/USD and SPX.

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Live now:
Jan 09
( 13:01 GMT )
Live Weekly Strategy Webinars on Mondays at 13:30GMT
Short-term Trading Strategy Webinar
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For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy

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---Written by Michael Boutros, Technical 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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