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