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Technical Archives |
Written by Easy Forex |
Aug 23 09 21:18 GMT
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FX Technical Commentary
Euro 1.4340
Initial support at 1.4046 (AUG 17 low) followed by 1.4008 (Jul 29 low). Initial resistance is now located at 1.4447 (Aug 5 high) followed by 1.4621 (61.8% retrace 1.6038 -1.2330)
Yen 94.50
Initial support is located at 93.10 (July 22 low) followed by 92.72 (July 14 low). Initial resistance is now at 95.29 (August 18 high) followed by 96.73 (Aug 12 high).
Pound 1.6515
Initial support at 1.6276 (Aug 17 low) followed by 1.6034 (Jul 13 low). Initial resistance is now at 1.6665 (AUG 13 high) followed by 1.6719 (AUG 10 high).
Australian Dollar 0.8365
Initial support at 0.8126 (July 29 low) followed by the 0.7925 (July 15 low). Initial resistance is now at 0.8478 (Aug 14 high) followed by 0.8519 (Sept 22 high).
Gold 953
Initial support at 930 (Aug 17 low) followed by 925 (July 29 low). Initial resistance is now at 960 (August 13 high) followed by 971 (Aug 6 high).
| Currency |
Sup 2 |
Sup 1 |
Spot |
Res 1 |
Res 2 |
| EUR/USD |
1.4008 |
1.4046 |
1.4340 |
1.4447 |
1.4621 |
| USD/JPY |
92.72 |
93.10 |
94.50 |
95.29 |
96.73 |
| GBP/USD |
1.6034 |
1.6276 |
1.6515 |
1.6665 |
1.6719 |
| AUD/USD |
0.7925 |
0.8126 |
0.8365 |
0.8478 |
0.8519 |
| XAU/USD |
925.00 |
930.00 |
953.00 |
960.00 |
971.00 |
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