Forex & Commodities Trading Levels on Monday

The dollar edged higher to a 6-week peak against a basket of currencies on Friday as a still unsigned partial U.S.-China trade deal kept...

Arslan Butt•Monday, December 2, 2019•1 min read

The dollar edged higher to a 6-week peak against a basket of currencies on Friday as a still unsigned partial US-China trade deal kept investors on edge and the shortened holiday week limited currency moves. Investors are ready for the NFP week.

Find out key trading levels today:

EUR/USD – Technical Levels
Support Resistance
1.099 1.1037
1.0962 1.1056
1.0915 1.1103
Key Trading Level: 1.1009

USD/JPY – Technical Levels
Support Resistance
109.38 109.65
109.25 109.8
108.98 110.07
Key Trading Level: 109.53

GBP/USD – Technical Levels
Support Resistance
1.2889 1.2955
1.285 1.2984
1.2784 1.3051
Key Trading Level: 1.2917

GOLD – Technical Levels
Support Resistance
1455.89 1469.43
1447.72 1474.8
1434.18 1488.34
Key Trading Level: 1461.26

WTI CRUDE OIL – Technical Levels
Support Resistance
54.23 57.37
53.06 59.33
49.92 62.47
Key Trading Level: 56.19

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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.