Technical Levels: Dollar, Aussie, Loonie, Gold, Silver, Oil & Bitcoin
Weekly Technical Trade Levels on USD Majors / Commodities
- Technical setups we’re tracking across the USD Majors / Commodities heading into August open
- Updated trade levels on US Dollar, AUD/USD, USD/CAD, Gold, Oil, Silver, Bitcoin and more!
- New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide
US Dollar Tumbles from Uptrend Resistance- Gold at Key Support, Bitcoin Resurgence in Focus
Last week’s post-FOMC US Dollar plunge settled at initial technical support into the close of July and heading into the start of the August, the focus is on a possible topside exhaustion on this USD recovery. The USD Majors are poised within well-defined setups into the open of the month with a host of event risk on tap this week including the RBA & BoE interest rate decisions and US Non-Farm Payrolls (NFP) and Canada employment. In this webinar we take an in-depth look at the key technical trade levels for US Dollar Index,EUR/USD, VIX, US10Y, AUD/USD, USD/CAD, Gold, Silver, Oil, Bitcoin (BTC/USD), GBP/USD & GBPJPY.
For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy
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.