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FX Technical Commentary Print E-mail
Daily Forex Technicals | Written by Easy Forex | Feb 07 12 02:11 GMT

FX Technical Commentary

Euro 1.3120

Initial support at 1.3000 (Big Figure Support) followed by 1.2931 (Jan25 low). Initial resistance is now located at 1.3151 (Feb 6 high) followed by 1.3386 (Dec 12 high)

Yen 76.55

Initial support is located at 76.00 (big figure) followed by 75.35 (Big Figure). Initial resistance is now at 76.87 (Jan 23 low) followed by 77.82 (Jan 26 high).

Pound 1.5820

Initial support at 1.5642 (Jan 27 low) followed by 1.5517 (Jan 23 low). Initial resistance is now at 1.5889 (Nov 18 high) followed by 1.5932 (Nov 15 high).

Australian Dollar 1.0725

Initial support at 1.0573 (Jan 23 high) followed by the 1.0428 (Jan 4 low). Initial resistance is now at 1.0765 (Sept 1 high) followed by 1.1007 (Aug 2 high).

Gold 1720

Initial support at 1702 (Jan 26 low) followed by 1649 (Jan 25 high). Initial resistance is now at 1738 (Feb 6 high) followed by 1763 (Dec 2 high).

Oil 97.30

Initial support at 96.00 (Intraday Support) followed by 95.00 (Intraday Support). Initial resistance is now at 98.50 (Intraday resistance) followed by 100.00 (Intraday Resistance).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.2931 1.3000 1.3120 1.3151 1.3386
USD/JPY 75.35 76.00 76.55 76.87 77.82
GBP/USD 1.5517 1.5642 1.5820 1.5889 1.5932
AUD/USD 1.0428 1.0573 1.0725 1.0765 1.1007
XAU/USD 1649.00 1702 1720 1738 1790
OIL/USD 95.00 96.00 97.30 98.50 100.00
 

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