Forex & Commodities Trading Levels to Watch on Wednesday

Written by: Arslan Butt • Wednesday, January 29, 2020 • 1 min read

• Last updated: Wednesday, January 29, 2020

Global Economic Growth in 2020 to Remain at Similar Levels as Last Year

[[EUR/USD]] – Technical Levels
Support Resistance
1.1006 1.1031
1.0989 1.104
1.0963 1.1066
Key Trading Level: 1.1015

USD/JPY – Technical Levels
Support Resistance
108.87 109.31
108.59 109.48
108.14 109.93
Key Trading Level: 109.04

GBP/USD -Technical Levels
Support Resistance
1.2982 1.3066
1.2937 1.3105
1.2853 1.3189
Key Trading Level: 1.3021

GOLD -Technical Levels
Support Resistance
1561.11 1577.91
1554.93 1588.54
1538.13 1605.35
Key Trading Level: 1571.74

WTI Crude Oil – Technical Levels
Support Resistance
53.1 54.47
52.21 54.95
50.85 56.32
Key Trading Level: 53.58

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

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.