U.S. Market Updates Support and Resistance Levels for Key Commodities and Currency Pairs
The U.S. market has released an update on September 25 of support and resistance levels for various commodities and currency pairs. The list includes gold, silver, platinum, palladium, crude oil, natural gas, copper, as well as major currency pairs such as the U.S. Dollar Index, euro, British pound, Japanese yen, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar.
The update covers 18 instruments in total, providing traders with valuable information to make informed decisions. The support and resistance levels are crucial for traders to set their targets and stop-loss orders effectively.
For commodities, the support and resistance levels are as follows: gold $1,940 - $2,070, silver $24.50 - $29.30, platinum $930 - $1,050, palladium $1,950 - $2,200, crude oil $65.00 - $75.00, natural gas $3.50 - $4.20, and copper $8,500 - $9,300.
For currency pairs, the support and resistance levels are as follows: U.S. Dollar Index 93.50 - 95.50, euro 1.18 - 1.23, British pound 1.31 - 1.37, Japanese yen 105 - 110, Swiss franc 0.92 - 0.97, Australian dollar 0.73 - 0.78, Canadian dollar 1.28 - 1.33, and New Zealand dollar 0.68 - 0.72.