FX Technical Commentary
Euro 1.4880
Initial support at 1.4732 (Aug 21 low) followed by 1.4673 (Aug 20 low). Initial resistance is now located 1.4896 (Aug 21 low) at followed by 1.4963 (23.6% retrace 1.6038 to 1.4631).
Yen 108.60
Initial support is located at 108.04 (38.2% retrace 103.78 to 110.67) followed by 107.29 (Aug 1 low). Initial resistance is now at 109.90 (Aug 21 high) followed by 110.67 (Aug 15 high).
Pound 1.8760
Initial support at 1.8607 (Aug 21 low) followed by 1.8513 (Aug 15 low). Initial resistance is now at 1.8787 (Aug 14 high) followed by 1.8901 (23.6% retrace 2.0157 to 1.8513).
Australian Dollar 0.8780
Initial support at 0.8651 (Aug 21 low) followed by 0.8626 (Aug 19 low). Initial resistance is now at 0.8797 (Aug 14 High) followed by 0.8846(Aug 12 high).
Gold 834
Initial support at 811.7 (Aug 21 low) followed by 801 (Aug 20 low). Initial resistance is now at 846 (May 2 support) followed by 855.44 (38.2% retrace 988.00 to 773.50).
| Currency |
Sup 2 |
Sup 1 |
Spot |
Res 1 |
Res 2 |
| EUR/USD |
1.4673 |
1.4732 |
1.4880 |
1.4896 |
1.4963 |
| USD/JPY |
107.29 |
108.04 |
108.60 |
109.90 |
110.67 |
| GBP/USD |
1.8513 |
1.8607 |
1.8760 |
1.8787 |
1.8901 |
| AUD/USD |
0.8626 |
0.8651 |
0.8780 |
0.8797 |
0.8846 |
| XAU/USD |
801.00 |
811.00 |
834.00 |
846.00 |
855.00 |
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