The U.S. ISM services PMI and November U.S. employment data will take center stage this week. These reports are likely to offer invaluable clues about the health of the U.S. economy, which could set the tone for financial markets.

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This article focuses on the technical outlook for major U.S. dollar pairs such as EUR/USD, USD/JPY and GBP/USD. It also examines key price levels that could come into play ahead of the November U.S. jobs report.

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Crude oil prices slumped last week after OPEC+ announced voluntary cuts into 2024 as US factors play an important role in short-term guidance this week.

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Gold prices rallied to end the week well above the $2000 mark as XAU/USD heads into the overbought zone.

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Euro bears seize control thanks to a combination of Euro weakness and a renewed appetite for the Greenback. Can the selloff continue next week?

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