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FX Technical Commentary Print E-mail
Technical Archives |  Written by Easy Forex |  Jan 07 09 00:51 GMT | 

FX Technical Commentary

Euro 1.3535

Initial support at 1.3312 (Jan 6 low) followed by 1.3251 (Dec 12 low). Initial resistance is now located at 1.3659 (Jan 6 high) at followed by 1.3963 (Jan 5 high)

Yen 93.70

Initial support is located at 92.84 (Jan 6 low) followed by 91.80 (Jan 5 low). Initial resistance is now at 95.44 (61.8% retrace 100.57 to 87.14) followed by 95.95 (Nov 26).

Pound 1.4920

Initial support at 1.4505 (Jan 6 low) followed by 1.4428 (Jan 5 low). Initial resistance is now at 1.4993 (Jan 6 high) followed by 1.5037 (50% retrace 1.5723 to 1.4351).

Australian Dollar 0.7225

Initial support at 0.7034 (Jan 6 low) followed by the 0.6919 (Jan 2 low). Initial resistance is now at 0.7267 (Jan 5 high) followed by 0.7353 (Oct 7 high).

Gold 864

Initial support at 839 (Jan 6 low) followed by 802 (Dec 11 low). Initial resistance is now at 870 (Jan 6 high) followed by 884 (Jan 5 high).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.3251 1.3312 1.3535 1.3659 1.3963
USD/JPY 91.80 92.84 93.70 95.44 95.95
GBP/USD 1.4428 1.4505 1.4920 1.4993 1.5037
AUD/USD 0.6919 0.7034 0.7225 0.7267 0.7353
XAU/USD 802.00 839.00 864.00 870.00 884.00

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