Forex and Commodities Trading Levels on Friday - Forex News by FX Leaders

Forex and Commodities Trading Levels on Friday

Posted Friday, November 8, 2019 by
Arslan Butt • 1 min read

The dollar continues to trade bullish versus the Japanese yen and the Swiss franc on Friday. The decision to reverse tariffs on each others’ goods underpinned the riskier assets, even as some reports propose a preliminary trade agreement is far from a done deal.

Watch out fresh trading levels today.

EUR/USD – Technical Levels

Support Resistance
1.1056 1.1084
1.1047 1.1103
1.1018 1.1131
Key Trading Level: 1.1075

USD/JPY – Technical Levels

Support Resistance
108.82 109.14
108.66 109.3
108.34 109.62
Key Trading Level: 108.98

GBP/USD – Technical Levels

Support Resistance
1.2832 1.2886
1.2812 1.2918
1.2758 1.2971
Key Trading Level: 1.2865

GOLD – XAU/USD – Technical Levels

Support Resistance
1484.27 1495.6
1477.98 1500.64
1466.65 1511.97
Key Trading Level: 1489.31

WTI Crude Oil – Technical Levels

Support Resistance
55.75 57.46
55.09 58.52
53.37 60.23
Key Trading Level: 56.8

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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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