ActionForex.com
Feb 10 01:15 GMT
English Arabic Chinese (Simplified) French German Japanese Portuguese Spanish

Sponsors

Forex Expos

FX Technical Commentary PDF Print E-mail
Technical Archives | Written by Easy Forex | Aug 23 09 21:18 GMT

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

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

 

About the Author

Easy Forex

Please note that Forex trading (OTC Trading) involves substantial risk of loss, and may not be suitable for everyone. This report is provided by Easy- Forex® for informative purposes only. In no way it is a recommendation by Easy-Forex® for you to engage in any trade. It is your sole responsibility and you will have no claims with regards to this report against Easy-Forex®. If you do not agree to this, you are strongly advised not to use this report. Hence, Easy-Forex® shall not be held responsible for any outcome of trading decisions, in regards with this report or similar reports.

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

ActionForex.com © 2012 All rights reserved.