Weekly Trading Levels for Forex & Commodities, April 8-12

Dollar weakened on Monday as bond yields extended their drop after a US jobs report dispensed wage growth lose momentum. Watch out levels...

Arslan Butt•Monday, April 8, 2019•1 min read

[[EUR/USD]] – Weekly Technical Levels
Support Resistance
124.6 125
124.39 125.17
124 125.56
Key Trading Level: 124.78

USD/JPY – Weekly Technical Levels
Support Resistance
111.08 112.09
110.44 112.47
109.42 113.48
Key Trading Level: 111.45

GBP/USD – Weekly Technical Levels
Support Resistance
1.295 1.316
1.2863 1.3283
1.2654 1.3493
Key Trading Level: 1.3073

GOLD – XAU/USD – Weekly Technical Levels
Support Resistance
1282.73 1298.87
1273.78 1306.06
1257.64 1322.2
Key Trading Level: 1289.92

WTI Crude Oil – Weekly Technical Levels
Support Resistance
61.23 64.36
59.17 65.43
56.04 68.56
Key Trading Level: 62.3

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ABOUT THE AUTHOR See More

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.