Forex & Commodities Trading Levels to Watch on Thursday - Forex News by FX Leaders
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Forex & Commodities Trading Levels to Watch on Thursday

Posted Thursday, May 7, 2020 by
Arslan Butt • 1 min read

EUR/USD – Technical Levels
Support Resistance
1.0882 1.0936
1.0862 1.0969
1.0809 1.1023
Key Trading Level: 1.0916

USD/JPY – Technical Levels
Support Resistance
106.57 107.01
106.39 107.26
105.95 107.7
Key Trading Level: 106.82

GBP/USD – Technical Levels
Support Resistance
1.2414 1.2477
1.2385 1.2513
1.2322 1.2576
Key Trading Level: 1.2449

GOLD – Technical Levels
Support Resistance
1692.54 1715.16
1679.68 1724.93
1657.06 1747.55
Key Trading Level: 1702.31

WTI CRUDE OIL – Technical Levels
Support Resistance
23.65 26.43
22.37 27.91
19.59 30.68
Key Trading Level: 25.14

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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