FX Technical Commentary
Euro 1.5680
Initial support at 1.5670 (July 23 low) followed by 1.5612 (July 23 low). Initial resistance is now located 1.5799 (July 23 high) at followed by 1.949 (July 16 High).
Yen 107.85
Initial support is located at 106.06 (July 22 low) followed by 104.76 (July 17 low). Initial resistance is now at 108.19 (Jun 26 high) followed by 108.59 (Jun 16 high).
Pound 1.9965
Initial support at 1.9898 (July 22 low) followed by 1.9815 (July 14 low). Initial resistance is now at 2.0077 (July 22 high) followed by 2.0157 (Jul 15 high and 76.4% retrace of 2.0398-1.9363).
Australian Dollar 0.9585
Initial support at 0.9565 (76.4% retrace of 0.9477-0.9849 rally) followed by 0.9477 (July 9 low). Initial resistance is now at 0.9738 (July 23 high) followed by 0.9794 (July 22 High).
Gold 918
Initial support at 912.9 (July 8 low) followed by 908.65 (Jun 19 low). Initial resistance is now at 978.5 (July 17 high) followed by 988.0 (July 15 high).
| Currency |
Sup 2 |
Sup 1 |
Spot |
Res 1 |
Res 2 |
| EUR/USD |
1.5612 |
1.5670 |
1.5680 |
1.5799 |
1.5948 |
| USD/JPY |
104.76 |
106.06 |
107.85 |
107.45 |
107.76 |
| GBP/USD |
1.9815 |
1.9898 |
1.9965 |
2.0077 |
2.0157 |
| AUD/USD |
0.9477 |
0.9565 |
0.9585 |
0.9738 |
0.9794 |
| XAU/USD |
908.65 |
912.90 |
918.00 |
978.50 |
988.00 |
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