S&P 500, Gold, Oil, Dollar, BTC: Macro Techs
In today’s video, I went over key technical developments in some of the major macro markets. Stock indices look poised for a pullback but look bullish. The USD via the DXY index is treading water below a key level of resistance. Gold and silver are looking increasingly bullish. Oil is bullish but technical are a bit shaky at the moment. We also looked at BTC & ETH along with the 10-yr and copper.
For the full details, please check out the video above…
Resources for Forex Traders
Whether you are a new or experienced trader, we have several resources available to help you; indicator for tracking trader sentiment, quarterly trading forecasts, analytical and educational webinars held daily, trading guides to help you improve trading performance, and one specifically for those who are new to forex.
---Written by Paul Robinson, Market Analyst
You can follow Paul on Twitter at @PaulRobinsonFX
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.