Key Trading Levels in Forex & Commodities

The dollar held near a 2-week high on Tuesday, supported over intensifying trade frictions between China and the U.S. Watch out key levels..

Arslan Butt•Tuesday, May 21, 2019•1 min read

[[EUR/USD]] – Technical Levels
Support Resistance
1.1154 1.1178
1.114 1.1189
1.1115 1.1214
Key Trading Level: 1.1165

USD/JPY – Technical Levels
Support Resistance
109.84 110.27
109.61 110.46
109.18 110.89
Key Trading Level: 110.04

GBP/USD – Technical Levels
Support Resistance
1.2708 1.2751
1.269 1.2776
1.2647 1.2819
Key Trading Level: 1.2733

GOLD – XAU/USD – Technical Levels
Support Resistance
1274.63 1279.97
1271.52 1282.2
1266.18 1287.54
Key Trading Level: 1276.86

WTI Crude Oil – Technical Levels
Support Resistance
62.66 63.88
62.02 64.46
60.81 65.68
Key Trading Level: 63.24

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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.