Forex Majors – Key Technical Levels to Trade Today

It’s relatively calm over the remainder of the Asian session today, although RBA Assistant governor Michele Bullock spoke early in the day. It’s quiet in the European trading concerning data releases, however, we do hear from Buba President Jens Weidmann during the day. With that, most of the focus switches to technical analysis, and here we are with fresh trading levels to trade major forex currency pairs.

EUR/USD – Technical Outlook
Support Resistance
1.119 1.1234
1.1174 1.126
1.1131 1.1304
Key Trading Level: 1.1217

USD/JPY – Technical Outlook
Support Resistance
109.47 109.8
109.29 109.95
108.96 110.28
Key Trading Level: 109.62

GBP/USD – Technical Outlook
Support Resistance
1.2887 1.2951
1.2864 1.299
1.28 1.3053
Key Trading Level: 1.2927

AUD/USD – Technical Outlook
Support Resistance
0.6933 0.6954
0.6923 0.6966
0.6901 0.6988
Key Trading Level: 0.6945

USD/CAD – Technical Outlook
Support Resistance
1.3447 1.3478
1.3435 1.3499
1.3404 1.3531
Key Trading Level: 1.3467

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.

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