Key Trading Levels in Forex & Commodities on Friday - Forex News by FX Leaders

Key Trading Levels in Forex & Commodities on Friday

Posted Friday, May 24, 2019 by
Arslan Butt • 1 min read

EUR/USD – Technical Outlook

Support Resistance
1.1131 1.1211
1.1079 1.124
1.0998 1.132
Key Trading Level: 1.1159

USD/JPY – Technical Outlook
Support Resistance
109.27 110.16
108.92 110.69
108.04 111.58
Key Trading Level: 109.81

GBP/USD – Technical Outlook
Support Resistance
1.2616 1.2696
1.2571 1.273
1.2491 1.2809
Key Trading Level: 1.265

GOLD – XAU/USD – Technical Outlook
Support Resistance
1275.02 1289.49
1266.72 1295.66
1252.25 1310.13
Key Trading Level: 1281.19

WTI Crude Oil – Technical Outlook
Support Resistance
56.65 60.42
55.11 62.64
51.35 66.41
Key Trading Level: 58.88

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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