
US Dollar, GBP/USD, USD/CAD, USD/CHF, Gold Weekly Technical Outlook 11 2 2026
Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities, and equity indices charts this week.
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Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities, and equity indices charts this week.

Gold bears are closing in on critical multi-year trend support, with a potential exhaustion low in focus as November trading gets underway.

Bitcoin bears are closing in on critical trend support as a reported Binance security breach rattles sentiment, raising the stakes for November.

USD/CAD is closing in on critical support, with a potential exhaustion low in focus as the Fed decision raises the stakes for the monthly close.

Sterling’s sharp retreat from major resistance puts critical support in focus, raising the stakes for GBP/USD ahead of the Fed decision.

A rebound from yearly-open support has revived the USD/JPY recovery, but bulls still need a decisive weekly close to unlock further upside.

USD/CAD has surrendered much of its October rally after reversing from yearly highs, with bears threatening to unravel the broader recovery.

Sr. Technical Strategist Michael Boutros highlights the levels that matter on the USD Majors, commodities, and equity indices charts this week.

A failed S&P breakout and looming Nasdaq support test raise the stakes for next week’s Fed decision and October’s monthly close.

A sharp reversal off key support has fueled the AUD/USD recovery, with resistance now in focus ahead of next week’s Fed decision and Australian CPI.

GBP/USD has surged to pivotal resistance at five-week highs, with the next reaction likely to determine whether the recovery has further to run.

Gold bears have broken the monthly range, with a daily close below key support threatening another sharp decline toward the yearly lows.

Euro bulls are struggling to extend the recovery from October lows, with a critical resistance barrier threatening to stall the advance.
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