FX Technical Commentary
Euro 1.4715
Initial support at 1.4697 (Aug 22 low) followed by 1.4673 (Aug 20 low). Initial resistance is now located 1.4901 (Aug 22 low) at followed by 1.4963 (23.6% retrace 1.6038 to 1.4631).
Yen 109.40
Initial support is located at 108.43 (Aug 22) followed by 108.04 (38.2% retrace 103.78 to 110.67). Initial resistance is now at 110.29 (Aug 25 high) followed by 110.67 (Aug 15 high).
Pound 1.8465
Initial support at 1.8406 (Aug 25 low) followed by 1.8385 (July 25 2006 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 0.8585
Initial support at 0.8580 (trendline support) followed by 0.8515 (Jan 15 low). Initial resistance is now at 0.8807 (Aug 22 High) followed by 0.8846(Aug 12 high).
Gold 818
Initial support at 812.3 (Aug 22 low) followed by 801 (Aug 20 low). Initial resistance is now at 838.60 (Aug 21 high) followed by 846 (Former May 2 support).
| Currency |
Sup 2 |
Sup 1 |
Spot |
Res 1 |
Res 2 |
| EUR/USD |
1.4673 |
1.4732 |
1.4785 |
1.4901 |
1.4963 |
| USD/JPY |
108.04 |
108.43 |
109.95 |
110.14 |
110.67 |
| GBP/USD |
1.8177 |
1.8385 |
1.8425 |
1.8787 |
1.8901 |
| AUD/USD |
0.8626 |
0.8651 |
0.9680 |
0.8807 |
0.8846 |
| XAU/USD |
801.00 |
812.30 |
822.00 |
838.60 |
846.00 |
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