Strategy Webinar: US Dollar Majors, Gold, Stocks, Oil Weekly Outlook

Weekly Technical Trade Levels on USD Majors, Commodities & Stocks

• Technical setups we’re tracking into the weekly open
• Key levels for the US Dollar Majors, Gold, SPX500, Nasdaq, Dow, Crude Oil and more!
• New to Gold Trading? Get started with this Free How to Trade Gold -Beginners Guide

USD Threatens Uptrend Resumption- S&P 500, Nasdaq, Dow Stretch Towards Resistance

In last week’s Strategy Webinar we highlighted monthly opening-ranges taking shape in numerous USD Majors – they remain intact with the DXY preserving the lows at trend support. The equity rally has surged through initial resistance objectives and we’re on the lookout for possible exhaustion just higher with all three major indices coming into some key technical levels. Gold & silver are in retreat from key resistance levels but we’re looking for support close by. The battle-lines are drawn on the commodity pullback with Oil prices also now testing critical support.

In this webinar we take an in-depth look at the technical trade levels for US Dollar (DXY), Euro (EUR/USD), Canadian Dollar (USD/CAD), Gold (XAU/USD), Silver (XAG/USD), S&P 500 (SPX500), Nasdaq (NDX), Dow Jones Industrial Average (DJI), Crude Oil (WTI), Australian Dollar (AUD/USD), Bitcoin (BTC/USD) and New Zealand Dollar (NZD/USD).

You can always find the latest Strategy Webinar on my YouTube playlist.

For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy

Economic Calendar

Economic Calendar - latest economic development and upcoming event risk

---Written by Michael Boutros, Technical Strategist with DailyFX

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