Forex & Commodities Technical Levels Worth Trading Today
Arslan Butt•Thursday, November 28, 2019•1 min read
Good morning, fellas,
The dollar rose helped by upbeat US data even as continued uncertainty about the outlook for a preliminary US-China trade agreement and a shortened holiday week in the United States kept currency moves muted. Watch out for key trading levels today…
EUR/USD – Technical Levels
Support Resistance
1.099 1.1012
1.098 1.1024
1.0958 1.1046
Key Trading Level: 1.1002
USD/JPY – Technical Levels
Support Resistance
109.24 109.74
108.92 109.93
108.42 110.43
Key Trading Level: 109.42
GBP/USD – Technical Levels
Support Resistance
1.2857 1.2954
1.2794 1.2987
1.2698 1.3083
Key Trading Level: 1.2891
GOLD – Technical Levels
Support Resistance
1451.29 1458.99
1448.12 1463.52
1440.42 1471.22
Key Trading Level: 1455.82
WTI Crude Oil – Technical Levels
Support Resistance
57.54 58.69
56.94 59.25
55.78 60.4
Key Trading Level: 58.09
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.
Today we have more inflation reports from several countries, UK GDP and the usual trade tariff talk, which will drive markets around.
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