US Dollar Technical Setups: EUR/USD, USD/CAD, Gold, Oil, Bitcoin & SPX
Weekly Technical Trade Levels on USD Majors / Commodities / Crypto
- Technical setups we’re tracking into Major Central Bank Rate Decisions / US Inflation this week
- Updated trade levels on the US Dollar Majors, Gold, Oil, Bitcoin, SPXand more!
- New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide
US Dollar Technical Setups– BoC, BoJ, ECB Rate Decisions on Tap Ahead of Key US Inflation Data (PCE)
A relief rally in the US Dollar early in the week could be vulnerable as markets await major rate decisions (and commentary) from the Bank of Canada, the Bank of Japan and the European Central Bank. The event-risk culminates into the close of the week with US Core Personal Consumption data on Friday. There’s plenty of catalysts on tap this week- buckle-up! In this webinar we take an in-depth look at the key technical trade levels forUS Treasury Yields (US10Y), US Dollar Index(DXY),EUR/USD, USD/JPY, USD/CAD, Crude Oil (WTI),AUD/USD, GBP/USD, Gold (XAU/USD),Bitcoin (BTC/USD), USD/CHF and the S&P 500 (SPX500).
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.