Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
US Dollar Majors, Stocks, Gold & Oil - Weekly Technical Outlook

US Dollar Majors, Stocks, Gold & Oil - Weekly Technical Outlook

What's on this page

Weekly Technical Trade Levels on USD Majors, Commodities & Stocks

USD Pullback Underway- Equities / Commodity Rebound to Offer Reset

In our last Strategy Webinar we discussed the risk for topside exhaustion in the US Dollar as the index was approaching uptrend resistance – we got it! The focus heading into the start of the week / month / quarter is on this near-term pull-back and we’re on the lookout for a possible exhaustion low in the days / weeks ahead. Likewise, short-side equity exposure seems vulnerable into the open and a recovery may offer more favorable opportunities. That said, stay nimble into the October open with US Non-Farm Payrolls (NFP) and Canada employment data on Friday likely to spur some volatility into the close of the week.

In this webinar we take an in-depth look at the technical trade levels for US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Gold (XAU/USD), Silver (XAG/USD), S&P 500 (SPX500), Nasdaq (NDX), Dow Jones Industrial Average (DJI), Crude Oil (WTI) and Australian Dollar (AUD/USD).

You can always find the latest Strategy Webinar on my YouTube playlist.

For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy

Economic Calendar

image1.png

Economic Calendar - latest economic development and upcoming event risk

Forex for Beginners
Forex for Beginners
Recommended by Michael Boutros
New to Forex Trading? Get started with this Beginners Guide
Get My Guide

---Written by Michael Boutros, Technical Strategist with DailyFX

Follow Michael on Twitter @MBForex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES