Technical Analysis

Gold is attempting a second weekly advance but remains vulnerable while below technical resistance. Battle lines drawn on the XAU/USD weekly technical chart.

Japanese Yen is coiled just above multi-year trend support with a breakout looming. struggles at technical resistance. Battle lines drawn on the USD/JPY weekly chart.

USD/CAD is trading near the yearly lows with a break of major support threatening a larger plunge. Battlelines drawn on the Canadian Dollar short-term technical charts.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities & stocks into the weekly open.

Crude Oil, Silver Outlook: Crude Oil Challenges the $65 Resistance Amid Declining Supply on Summer Demand, Silver Climbs to 13-Year Highs Above $36/oz Ahead of London AI Summit.

AUD/USD is trading just below major resistance for a fifth week with the June opening-range now taking shape. Battle lines drawn on the Aussie weekly technical chart.

US Dollar plunged into critical support at the yearly lows with the weekly range intact ahead of NFPs. Battle lines drawn on the DXY short-term technical charts.

British Pound surged to fresh multi-year highs today with GBP/USD attempting a major breakout. Battle lines drawn on the short-term technical charts into NFPs.

AUD/USD is testing the top of a multi-week range just below trend resistance- NFPs on tap. Battle lines drawn on the Aussie short-term technical charts.

The Euro rally stalled at resistance into the June open with the weekly range intact ahead of the ECB / NFP. Battlelines drawn on the EUR/USD short-term technical charts.

After the BOC's "dovish hold," USD/CAD is threatening a breakdown below key support in the 1.3700-15 area – the next support level for bears to watch is near 1.3625, the minor highs from last September