FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Sep 17 08 02:43 GMT | 


Euro 1.4190

Initial support at 1.4074 (Sept 16 low) followed by 1.3973 (Sept 12 low). Initial resistance is now located at 1.4481 (Sept 15 high) at followed by 1.4544 (Sept 4 high).

Yen 106.40

Initial support is located at 103.54 (Sept 16 low) followed by 102.74 (May 22 low). Initial resistance is now at 106.91 (Sep 15 high) followed by 107.99 (Sept 12 high).

Pound 1.7870

Initial support at 1.7707 (38.2 of 1.7446-1.8129) followed by 1.7542 (Sept 12 low). Initial resistance is now at 1.8012 (Sept 16 high) followed by 1.8128 (Sep 15 high).

Australian Dollar 0.8035

Initial support at 0.7675 (Aug 20, 2007 low) followed by the 0.7616 ( Nov 13, 2006 low). Initial resistance is now at 0.8164 (76.4% of 0.7850-0.8263) followed by 0.8263 (Sept 15 high).

Gold 780

Initial support at 764.69 (Sept 15 low) followed by 746.39 (Sept 12 low). Initial resistance is now at 805.15 (Sep 9 high) trendline resistance followed by 819.3 (Sep 5 high).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.3973 1.4074 1.4190 1.4481 1.4544
USD/JPY 102.74 103.54 106.40 106.91 107.99
GBP/USD 1.7542 1.7707 1.7870 1.8012 1.8128
AUD/USD 0.7616 0.7675 0.8035 0.8164 0.8263
XAU/USD 746.39 764.69 780.00 805.15 819.30
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