Technical Levels: US Dollar Majors, Gold, Silver, Oil & Bitcoin
Weekly Technical Trade Levels on USD Majors / Commodities
- Technical setups we’re tracking across the USD Majors / Commodities heading into weekly open
- Updated trade levels on the US Dollar Majors, Gold, Silver, Crude Oil, Bitcoin and more!
- New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide
September Ranges Set Across US Dollar Majors– Bitcoin Threatens Larger Breakdown as Gold / Silver Search Support
Our focus last week was on the US Dollar recovery and heading into the start of the week the index is stretching back into the monthly highs – all eyes on key inflation prints this week from the US, UK, Canada and the Eurozone. The September opening-ranges are set across the USD majors and heading into the start of the week the focus is on possible topside exhaustion near-term. The pressure is on for the Bitcoin bulls as price probes key uptrend support this week- risk remains for another washout. In this webinar we take an in-depth look at the key technical trade levels for US Dollar Index, EUR/USD, USD/CAD, GBP/USD,VIX, US10Y, AUD/USD, NZD/USD, Gold, Silver, Crude Oil (WTI), Bitcoin, USD/JPY and SPX500.
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
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.