FX Technical Commentary
Euro 1.3615
Initial support at 1.3361 (Aug 16 2006 low) followed by 1.3319 (61.8% retrace 1.1639 to 1.6038). Initial resistance is now located at 1.3773 (Oct 6 high) at followed by 1.3907 (Oct 3 high).
Yen 99.80
Initial support is located at 98.57 (Mar 23 low) followed by 97.68 (Mar 19 low). Initial resistance is now at 103.39 (Oct 7 low) followed by 105.43 (Sept 29 high).
Pound 1.7235
Initial support at 1.7231 (Mar 2006 low) followed by 1.7131 (Dec 2005 low). Initial resistance is now at 1.772 (Oct 6 high) followed by 1.7839 (Oct 3 high).
Australian Dollar 0.6675
Initial support at 0.6450 (Oct 8 low) followed by the 0.6342 (Sep 03 2003 low). Initial resistance is now at 0.7157 (Oct 8 high) followed by 0.7355 (Oct 7 high).
Gold 909
Initial support at 856.7 (Oct 8 low) followed by 820 (Oct 3 low). Initial resistance is now at 921.31 (Oct 8 high) followed by 925 (Sep 29 high).
| Currency |
Sup 2 |
Sup 1 |
Spot |
Res 1 |
Res 2 |
| EUR/USD |
1.3319 |
1.3361 |
1.3615 |
1.3773 |
1.3907 |
| USD/JPY |
97.68 |
98.57 |
99.80 |
103.29 |
105.43 |
| GBP/USD |
1.7131 |
1.7231 |
1.7235 |
1.7720 |
1.7839 |
| AUD/USD |
0.6342 |
0.6450 |
0.6675 |
0.7157 |
0.7355 |
| XAU/USD |
820.00 |
856.70 |
909.00 |
921.31 |
925.10 |
Easy Forex
http://www.easy-forex.com
Easy-Forex makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites and the information contained does not take into account your personal objectives, financial situation and needs. Therefore you should consider whether these products are appropriate in view of your objectives, financial situation and needs as well as considering the risks associated in dealing with those products
|