Weekly Trading Levels – Forex & Gold Covered
Monetary policy and the State of the Union Speech will be of influence alongside economic data through the week. Watch out the key levels.
Arslan Butt•Monday, February 4, 2019•1 min read
[[EUR/USD]] – Technical Outlook
Support Resistance
1.1392 1.1517
1.1329 1.1578
1.1205 1.1702
Key Trading Level: 1.1453
USD/JPY – Technical Outlook
Support Resistance
108.77 110.02
108.01 110.5
106.76 111.75
Key Trading Level: 109.26
GBP/USD – Technical Outlook
Support Resistance
1.3009 1.3182
1.294 1.3285
1.2768 1.3457
Key Trading Level: 1.3112
AUD/USD – Technical Outlook
Support Resistance
0.7158 0.7316
0.7069 0.7385
0.6911 0.7543
Key Trading Level: 0.7227
GOLD – XAU/USD – Technical Outlook
Support Resistance
1301.47 1330.08
1285.29 1342.51
1256.68 1371.12
Key Trading Level: 1313.9
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ABOUT THE AUTHOR
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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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