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Technical Levels: Dollar, Aussie, Loonie, Gold, Silver, Oil & Bitcoin

Technical Levels: Dollar, Aussie, Loonie, Gold, Silver, Oil & Bitcoin

Michael Boutros, Strategist

Weekly Technical Trade Levels on USD Majors / Commodities

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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.

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Sep 26
( 12:09 GMT )
Live Weekly Strategy Webinars on Mondays at 12:30GMT
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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, 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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