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Forex & Commodities Trading levels Amid Brexit Deal

Posted Friday, October 18, 2019 by
Arslan Butt • 1 min read

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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