Pre-NFP Trading Levels for Forex and Commodities

The U.S. dollar, which has dominated the currency market for the past couple of years, is likely to maintain its position of strength...


[[EUR/USD]] – Technical Levels
Support Resistance
1.1086 1.1115
1.1068 1.1126
1.104 1.1155
Key Trading Level: 1.1097

USD/JPY – Technical Levels
Support Resistance
108.61 108.95
108.46 109.15
108.12 109.49
Key Trading Level: 108.81

GBP/USD – Technical Levels
Support Resistance
1.312 1.3181
1.3082 1.3204
1.3021 1.3265
Key Trading Level: 1.3143

GOLD Technical Levels
Support Resistance
1472.45 1479.94
1468.95 1483.93
1461.46 1491.42
Key Trading Level: 1476.44

WTI CRUDE OIL – Technical Levels
Support Resistance
57.87 58.87
57.45 59.46
56.45 60.47
Key Trading Level: 58.46

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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