Pre-NFP Trading Levels for Forex & Commodities
Dollar was set for its worst week, and the only hope is from the U.S. jobs data if it can extend some support. Key levels to trade NFP today
Arslan Butt•Friday, June 7, 2019•1 min read
[[EUR/USD]] – Technical Outlook
Support Resistance
1.1196 1.1283
1.1164 1.1339
1.1077 1.1426
Key Trading Level: 1.1251
USD/JPY – Technical Outlook
Support Resistance
107.91 108.58
107.53 108.87
106.86 109.54
Key Trading Level: 108.2
GBP/USD – Technical Outlook
Support Resistance
1.2664 1.2729
1.2639 1.2769
1.2574 1.2834
Key Trading Level: 1.2704
GOLD – XAU/USD – Technical Outlook
Support Resistance
1322.57 1341.15
1314.79 1351.95
1296.21 1370.53
Key Trading Level: 1333.37
WTI Crude Oil- Technical Outlook
Support Resistance
50.5 53.27
49.22 54.75
46.45 57.52
Key Trading Level: 51.99
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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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