FX Technical Commentary
Euro 1.5705
Initial support at 1.5694 (Trendline support) followed by 1.5628 (June 26 low). Initial resistance is now located 1.5910 (July 3 high) at followed by 1.6019 (April 22 high).
Yen 106.70
Initial support is located at 105.78 (July 3 low) followed by 104.99 (Jun 3 low). Initial resistance is now at 107.22 (Jun 27 high) followed by 108.19 (Jun 26 high).
Pound 1.9840
Initial support at 1.9780 (38.2% retracement of 1.9410 to 2.008) followed by 1.9709 (50% retracement of 1.9410 to 2.008). Initial resistance is now at 1.9938 (July 3 high) followed by 2.0008 (July 1 high)
Australian Dollar 0.9605
Initial support at 0.9512 (July 1 low) followed by 0.9491 (June 20 low). Initial resistance is now at 0.9670 (Jun 30 high) followed by 0.9700 (Round number resistance).
Gold 933
Initial support at 922.3 (July 1 low) followed by 910.6 (Jun 27 low). Initial resistance is now at 946.5 (July 3 high) followed by 953.0 (April 17 high).
| Currency |
Sup 2 |
Sup 1 |
Spot |
Res 1 |
Res 2 |
| EUR/USD |
1.5628 |
1.5694 |
1.5705 |
1.5910 |
1.6019 |
| USD/JPY |
104.99 |
105.78 |
106.70 |
107.22 |
108.19 |
| GBP/USD |
1.9709 |
1.9780 |
1.9840 |
1.9938 |
2.0008 |
| AUD/USD |
0.9491 |
0.9512 |
0.9605 |
0.9670 |
0.9700 |
| XAU/USD |
910.60 |
922.30 |
933.00 |
946.50 |
953.00 |
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