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.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
Mid-Week Technical Outlook: USD Majors, Bitcoin, Gold & Crude Oil

Mid-Week Technical Outlook: USD Majors, Bitcoin, Gold & Crude Oil

What's on this page

Weekly Technical Update on USD Majors, Commodities & Bitcoin

Advertisement

US Dollar Rally Struggles into Uptrend Resistance– Bitcoin, Gold Poised for Larger Recovery?

In Monday’s Weekly Strategy Webinar our basic premise on the US Dollar rally was , “hold them if you got them, but get defensive.” The greenback marched higher into Wednesday before exhausting and the focus is on this pullback from uptrend resistance. Sterling, Aussie and Kiwi are all pressing key support zones today and further highlight the risk for near-term exhaustion on this recent move. In this webinar we take an in-depth look at the technical trade levels for the for the US Dollar Index, EUR/USD, GBP/USD, NZD/USD, Crude Oil (WTI), Gold, USD/CAD, USD/JPY and Bitcoin (BTC/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 Data Releases - Weekly Event Risk

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, 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.

DISCLOSURES