Economic Calendar

Friday, July 25, 2008

FX Technical Commentary

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Daily Forex Technicals | Written by Easy Forex | Jul 25 08 01:23 GMT |

Euro 1.5680

Initial support at 1.5629 (July 24 low) followed by 1.5612 (July 23 low). Initial resistance is now located 1.5799 (July 23 high) at followed by 1.5948 (July 16 High).

Yen 107.30

Initial support is located at 106.06 (July 22 low) followed by 104.76 (July 17 low). Initial resistance is now at 108.19 (Jun 26 high) followed by 108.59 (Jun 16 high).

Pound 1.9855

Initial support at 1.9815 (July 14 low) followed by 1.9754 (July 11 low). Initial resistance is now at 1.9990 (July 24 high) followed by 2.0077 (July 22 high).

Australian Dollar 0.9555

Initial support at 0.9540 (July 24 low) followed by 0.9477 (July 9 low). Initial resistance is now at 0.9675 (June 17 low) followed by 0.9794 (July 22 High).

Gold 928

Initial support at 912.9 (July 8 low) followed by 908.65 (Jun 19 low). Initial resistance is now at 949.25 (July 23 high) followed by 976 (July 22 high).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.5612 1.5629 1.5680 1.5799 1.5948
USD/JPY 104.76 106.06 107.30 108.19 108.59
GBP/USD 1.9754 1.9815 1.9855 2.0077 2.0157
AUD/USD 0.9477 0.9540 0.9555 0.9675 0.9794
XAU/USD 908.65 912.90 928.00 949.25 976.00

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