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Weekly Trading Levels in Forex & Commodities, Nov 11-15

Arslan Butt•Monday, November 11, 2019•1 min read

The market opens the trading week with a risk-off sentiment as the US President Donald Trump boosted the level of risk and uncertainty by stating he had not consented to turn back tariffs. Watch out fresh trading levels for leading forex pairs and commodities this week.
EUR/USD – Technical Levels
Support Resistance
1.0966 1.1125
1.0912 1.123
1.0753 1.1388
Key Trading Level: 1.1071

USD/JPY – Technical Levels
Support Resistance
108.47 109.78
107.66 110.29
106.35 111.61
Key Trading Level: 108.98

GBP/USD – Technical Levels
Support Resistance
1.2712 1.2894
1.2649 1.3011
1.2468 1.3192
Key Trading Level: 1.283

GOLD – XAU/USD – Technical Levels
Support Resistance
1438.57 1497.17
1418.13 1535.33
1359.53 1593.93
Key Trading Level: 1476.73

WTI Crude Oil – Technical Levels
Support Resistance
56.2 58.28
54.95 59.11
52.86 61.2
Key Trading Level: 57.03

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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.