Forex & Commodities Key Trading Levels Today

The greenback dropped against the Japanese yen and the Swiss franc, along with other safe-haven investments, following media statements that trade discussions between the US and China had “hit a snag” over farm purchases. Today, the focus stays on Fed Chair Powell’s testimony.
EUR/USD – Technical Levels
Support Resistance
1.0995 1.102
1.0983 1.1033
1.0958 1.1058
Key Trading Level: 1.1008
USD/JPY – Technical Levels
Support Resistance
108.57 109.07
108.37 109.36
107.87 109.85
Key Trading Level: 108.86
GBP/USD – Technical Levels
Support Resistance
1.2829 1.2868
1.2806 1.2884
1.2767 1.2923
Key Trading Level: 1.2845
GOLD – XAU/USD – Technical Levels
Support Resistance
1458.56 1467.83
1453.59 1472.13
1444.32 1481.4
Key Trading Level: 1462.86
WTI Crude Oil – Technical Levels
Support Resistance
56.58 57.91
55.75 58.41
54.42 59.74
Key Trading Level: 57.08

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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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