Mid-Week Market Check Up- USD, EUR, CAD, Gold, Silver, SPX & Bitcoin

<div>Mid-Week Market Check Up- USD, EUR, CAD, Gold, Silver, SPX & Bitcoin</div>
<div>Mid-Week Market Check Up- USD, EUR, CAD, Gold, Silver, SPX & Bitcoin</div>

https://www.youtube.com/watch?v=avvfNh01R4Y?a&controls=1&showinfo=0&rel=0&autohide=1&color=orange&rel=0

Mid-Week Technical Update on USD Majors / Commodities

US Dollar To Defend Recent Reversal – Gold Slumps into Support as Bitcoin Presses Resistance

In Monday’s Weekly Strategy Webinar we highlighted the massive reversal exhibited across numerous markets into the close of February trade with the recent US Dollar recovery vulnerable into the March open. Was this just an end-of-month washout? The Dollar index has indeed pulled back with DXY reversing off near-term resistance – the weekly opening-ranges are set with the Majors now attempting to defend the recent turn. The battle-lines are drawn into the close of the week.

Starts in:

Live now:

Mar 10

( 14:03 GMT )

Mid-Weekly Strategy Webinars on Wednesday at 14:30GMT

Market Check Up with Michael Boutros

Register for webinar

Join now

Webinar has ended

US Dollar Index Price Chart – DXY 240min

US Dollar Index Price Chart - DXY 240min - USD Trade Outlook - Technical Forecast

The gold price breakdown is approaching initial support targets and while the broader risk remains for a deeper setback, the immediate decline may be vulnerable into these levels. At the same time, the Bitcoin recovery is eyeing the first resistance test and we’re looking for price inflection on both of these setups in the days ahead.

Gold Price Chart – XAU/USD 240min

Gold Price Chart - XAU/USD 240min - GLD Trade Outlook - GC Technical Forecast

Bitcoin Price Chart – BTC/USD 240min

Bitcoin Price Chart - BTC/USD 240min - Bitcoin Trade Outlook - Crypto Technical Forecast

In this webinar we take an in-depth look at the technical levels for the US Dollar Index, EUR/USD, USD/CAD, AUD/USD,NZD/USD,Gold, Bitcoin (BTC/USD), Silver, SPX, GBP/USD and USD/JPY.

Starts in:

Live now:

Mar 08

( 13:03 GMT )

Live Weekly Strategy Webinars on Mondays at 13:30GMT

Weekly Scalping Webinar

Register for webinar

Join now

Webinar has ended

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

Forex for Beginners

Forex for Beginners

Recommended by Michael Boutros

New to Forex Trading? Get started with this Beginners Guide

—Written by Michael Boutros, Technical Strategist with DailyFX

Follow Michael on Twitter @MBForex

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email

Related Posts

Forex Pulse Detector

Recent Posts