Forex & Commodities Key Technical Trading Levels Today

On Friday, the dollar trimmed lower versus other main currencies with traders centered on the latest progress in a bitter 16-month long ...


On Friday, the dollar trimmed lower versus other main currencies with traders centered on the latest progress in a bitter 16-month long trade conflict between the United States and China that has weighed on the world economy.

Be ready for a big day, as the market is likely to exhibit price action on Eurozone’s economic events.
EUR/USD – Technical Levels
Support Resistance
1.1067 1.1087
1.1056 1.1095
1.1036 1.1115
Key Trading Level: 1.1076
USD/JPY – Technical Levels
Support Resistance
108.39 108.77
108.23 109
107.84 109.38
Key Trading Level: 108.61
GBP/USD – Technical Levels
Support Resistance
1.2901 1.296
1.2876 1.2995
1.2816 1.3055
Key Trading Level: 1.2935
GOLD – XAU/USD – Technical Levels
Support Resistance
1466.46 1476.85
1460.46 1481.25
1450.06 1491.64
Key Trading Level: 1470.85
EUR/USD – Technical Levels
WTI Crude Oil – Technical Levels
Support Resistance
54.55 56.59
53.83 57.91
51.79 59.96
Key Trading Level: 55.87

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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