FX Technical Commentary
Euro 1.5460
Initial support at 1.5393 (May 9 low) followed by 1.5284 (May 8 low). Initial resistance is now located at 1.5540 (May 7 high) followed by 1.5595 (May 6 high).
Yen 102.85
Initial support is located at 102.26 (Apr 18 low) followed by 101.91 (38.2% retracement of the 95.76 low). Initial resistance is now at 103.97 (May 9 high) followed by 104.96 (May 8 low).
Pound 1.9510
Initial support at 1.9410 (Feb 21 low) followed by 1.9363 (Feb 20 reaction low). Initial resistance is now at 1.9570 (May 9 high) followed by 1.9621 (May 8 high).
Australian Dollar 0.9435
Initial support a 0.9350 (May 8 low) followed by 0.9342 (May 5 low). Initial resistance is now at 0.9510 (May 6 high) followed by 0.9544 (Apr 23 high).
Gold 883.00
Initial support at 864.20 (May 7 low) followed by 846.00 (May 2 low). Initial resistance is now at 889.65 (May 9 high) followed by 896.50 (Apr 25 high).
| Currency |
Sup 2 |
Sup 1 |
Spot |
Res 1 |
Res 2 |
| EUR/USD |
1.5284 |
1.5393 |
1.5460 |
1.5540 |
1.5595 |
| USD/JPY |
101.91 |
102.26 |
102.85 |
103.97 |
104.96 |
| GBP/USD |
1.9363 |
1.9410 |
1.9510 |
1.9570 |
1.9621 |
| AUD/USD |
0.9342 |
0.9350 |
0.9405 |
0.9510 |
0.9544 |
| XAU/USD |
846.00 |
864.20 |
886.20 |
889.65 |
896.50 |
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