US Market Support and Resistance Levels Updated for Major Assets
The US market has released an update on support and resistance levels for various assets as of September 18. The list includes commodities such as gold, silver, platinum, palladium, crude oil, natural gas, and copper, as well as major currency pairs like the U.S. dollar index, euro, British pound, Japanese yen, Swiss franc, Australian dollar, Canadian dollar, and New Zealand dollar.
The update provides a snapshot of current market conditions for these assets, which can be useful for traders and investors looking to inform their decisions. The support and resistance levels are based on various technical indicators and market data.
For commodities like gold and silver, the support level is around $1,700 and $18.50 respectively, while the resistance level is at $2,000 and $20 for gold and silver respectively. For copper, the support level is around $8,300, while the resistance level is at $9,500.
The update also provides support and resistance levels for major currency pairs. The U.S. dollar index has a support level of 105.50 and a resistance level of 107.50, while the euro has a support level of 1.10 and a resistance level of 1.15 against the US dollar.