Forex & Commodities Trading Levels to Watch Today - Forex News by FX Leaders

Forex & Commodities Trading Levels to Watch Today

Posted Monday, October 21, 2019 by
Arslan Butt • 1 min read
The Sterling plunged versus the Greenback on Monday during the after UK Prime Minister Boris Johnson failed to win parliamentary backing for his Brexit deal. The focus continues to stay on the Sterling pairs. Moreover, the ECB also remain in highlights due to ECB rate decision later this week. Watch out for the trading levels.
EUR/USD – Technical Levels
Support Resistance
1.1133 1.1192
1.1094 1.1212
1.1035 1.1271
Key Trading Level: 1.1153
USD/JPY – Technical Levels
Support Resistance
108.28 108.63
108.15 108.85
107.8 109.2
Key Trading Level: 108.5
GBP/USD – Technical Levels
Support Resistance
1.2876 1.3025
1.2784 1.3081
1.2635 1.3229
Key Trading Level: 1.2932
GOLD – XAU/USD – Technical Levels
Support Resistance
1485.48 1494.12
1480.87 1498.15
1472.23 1506.79
Key Trading Level: 1489.51
WTI Crude Oil – Technical Levels
Support Resistance
53.01 54.54
52.09 55.16
50.56 56.69
Key Trading Level: 53.63

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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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