Weekly Trading Levels for Forex & Commodities, Mar 18-22
The dollar licked its wounds after weaker US data increased sentiments the Federal Reserve will cut rates later this year...
Arslan Butt•Monday, March 18, 2019•1 min read
[[EUR/USD]] – Technical Outlook
Support Resistance
1.125 1.1373
1.1174 1.142
1.1051 1.1543
Key Trading Level: 1.1297
USD/JPY – Technical Outlook
Support Resistance
110.93 111.96
110.4 112.44
109.37 113.46
Key Trading Level: 111.42
GBP/USD – Technical Outlook
Support Resistance
1.304 1.3464
1.2787 1.3635
1.2364 1.4059
Key Trading Level: 1.3211
GOLD – XAU/USD – Technical Outlook
Support Resistance
1291.45 1312.32
1280.57 1322.31
1259.7 1343.18
Key Trading Level: 1301.44
WTI Crude Oil – Technical Outlook
Support Resistance
56.86 59.86
55.04 61.03
52.05 64.02
Key Trading Level: 58.03
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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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