Forex & Commodities Trading levels Amid Brexit Deal

Britain and the European Union finally reached a new tentative Brexit deal on Thursday, hoping to escape the acrimony, divisions, and frustration of their three-year divorce battle. In response, the market has started trading the risk-on sentiment, which at first drove a bearish trend in gold, but later the market reversed on concerns whether this deal is going to be accepted by allies.  Watch out fresh trading levels for today.

 

EUR/USD – Technical Levels
Support Resistance
1.1082 1.1157
1.1036 1.1186
1.0961 1.1261
Key Trading Level: 1.1111

USD/JPY – Technical Levels
Support Resistance
108.4 108.89
108.18 109.16
107.69 109.65
Key Trading Level: 108.67

GBP/USD – Technical Levels
Support Resistance
1.2764 1.3004
1.2636 1.3117
1.2396 1.3357
Key Trading Level: 1.2877

GOLD – XAU/USD – Technical Levels
Support Resistance
1484.38 1498.39
1476.9 1504.92
1462.89 1518.93
Key Trading Level: 1490.91

WTI Crude Oil – Technical Levels
Support Resistance
53.18 54.72
52.18 55.25
50.65 56.78
Key Trading Level: 53.72

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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.
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