The USD Index (DXY) is testing the 2016 open as resistance as the EURUSD tests its yearly open as support. We’ll be looking for some back-and-fill to start off the week with the immediate topside bias at risk near-term.
The USD Index (DXY) is testing the 2016 open as resistance as the EURUSD tests its yearly open as support. We’ll be looking for some back-and-fill to start off the week with the immediate topside bias at risk near-term. The yen crosses of particular interest with the EURJPY & NZDJPY setups highlighted last week in focus.
Key technical setups discussed on DXY, NZDJPY, EURJPY, AUDNZD, DAX, Crude Oil,Silver, Gold, EURUSD, EURCAD, USDCAD, and AUDJPY. The economic docket this week is highlighted by Aussie CPI and UK & U.S. GDP.
Continue tracking these setups and more throughout the week- Subscribe to SB Trade Desk and take advantage of the DailyFX New Subscriber Discount.Where are financial markets heading into the fourth quarter? See our forecast and find out! For more analysis and trade setups (including current positions and the ‘watchlist’), visit SB Trade Desk See REAL TIME trader positioning and High Frequency Trading Tools. For forecasts and 2016 opportunities, check out the DailyFX Trading Guides.
What are the Traits of Successful Traders? See what our studies have found to be the most common pitfalls of retail FXtraders.
Sign up for a free trial of DailyFX-Plus to have access to Trading Q&A's, educational webinars, updated speculative positioning measures, trading signals and much more!
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.
Comments
Log in or sign up to join the conversation.