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FX Technical Commentary Print E-mail
Daily Forex Technicals |  Written by Easy Forex |  Aug 21 08 03:26 GMT | 

FX Technical Commentary

Euro 1.4775

Initial support at 1.4631 (Aug 19 low) followed by 1.4611 (Feb 18 low). Initial resistance is now located 1.4808 (Aug 15 low) at followed by 1.4963 (23.6% retrace 1.6038 to 1.4631).

Yen 109.60

Initial support is located at 109.55 (Aug 19 low) followed by 109.04 (Aug 14 low). Initial resistance is now at 110.67 (Aug 15 high) followed by 112.15 (Jan 2 high).

Pound 1.8650

Initial support at 1.8513 (Aug 15 low) followed by 1.8385 (Jul 25, 2006). Initial resistance is now at 1.8685 (Aug 20 high) followed by 1.8722 (Aug 18 high).

Australian Dollar 0.8725

Initial support at 0.8626 (Aug 19 low) followed by 0.8593 (Aug 13 low). Initial resistance is now at 0.8757 (Aug 18 High) followed by 0.8797 (Aug 12 high).

Gold 815

Initial support at 783.35 (Aug 19 low) followed by 773.5 (Aug 15 low). Initial resistance is now at 818.55 (Aug 20 high) followed by 836.8 (Aug 14 high).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.4611 1.4631 1.4775 1.4808 1.4963
USD/JPY 109.04 109.55 109.60 110.67 112.15
GBP/USD 1.8385 1.8513 1.8650 1.8685 1.8722
AUD/USD 0.8593 0.8626 0.8725 0.8757 0.8797
XAU/USD 773.50 783.35 815.00 818.55 836.80

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