Weekly Strategy Webinar: USD Rebound Hinges on Yellen Testimony

Talking Points

  • Review of stream / active setups in concentration into a start of a week
  • Updated targets cancellation levels
  • Looking for some-more trade ideas? Review DailyFX’s 2017Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET)

The semi-annual Humphrey-Hawkins testimony with Chair Janet Yellen takes core theatre this week and a broader technical concentration for a DXY stays constructive. Updated technical setups discussed on DXY, USDCAD, NZDUSD, USDJPY, USDJPY, AUDJPY, AUDUSD, Crude Oil, Silver, Natural Gas, Gold, EURUSD, GBPUSD GBPJPY.

Key Data Releases

Weekly Strategy Webinar: USD Rebound Hinges on Yellen Testimony

Other Setups in Play:

  • Silver Eyes Key Resistance- Weakness to Be Viewed as Opportunity
  • EUR/USD Eyes 1.0580 Support Ahead of 4Q GDP
  • NZD/USD Rally Vulnerable Ahead of 7300- New Zealand CPI on Tap
  • AUD/USD Risks Exhaustion on Record Low Core Inflation

—Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex hit him during mboutros@dailyfx.com or Click Here to be combined to his email placement list.

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