Weekly Technical Trade Levels on USD Majors / Commodities
- Technical trade setups we’re tracking across the USD Majors / Commodities this week
- Updated trade levels on DXY, EUR/USD, USD/CAD, USD/JPY, SPX, Gold and more!
- New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide
Covid-19 Vaccine Headlines Drive SPX back into Resistance– Gold Breakout Under Review
Markets remain headline driven with the participants focused on the re-opening efforts across the globe and extremely sensitive news on developments in Covid-19 therapeutics / vaccines. Despite the recent volatility, markets largely remain rangebound with price action across the majors continuing to contract within the monthly opening-ranges. The gold breakout is in question as price tests fresh multi-year highs and we’re looking for guidance with today’s close. In this webinar, we review the updated technical trade setups on DXY, EUR/USD, USD/JPY, USD/CAD, Crude Oil (WTI), GBP/USD, Gold (XAU/USD), S&P 500 (SPX500), AUD/USD, NZD/USD, AUD/NZD and EUR/JPY.
For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy
Key Event Risk This Week
![Economic Calendar - Key Data Releases this week](https://a.c-dn.net/b/0o3eQS/Technical-Trade-Levels-Dollar-EUR-USD-USD-CAD-USD-JPY-SPX-Gold-Weekly-Trade-Outlook-MBTS5_body_KeyDataReleases-EconomicCalendar-EventRisk.jpg)
Economic Calendar - latest economic development and upcoming event risk
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![Forex for Beginners](https://a.c-dn.net/b/20G9Td/500x707Beginner-ForexforBeginners.png)
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---Written by Michael Boutros, Currency Strategist with DailyFX
Follow Michael on Twitter @MBForex