Economic Calendar

Thursday, September 25, 2008

FX Technical Commentary

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Daily Forex Technicals | Written by Easy Forex | Sep 25 08 01:47 GMT |

Euro 1.4645

Initial support at 1.4623 (Sept 23 low) followed by 1.4437 (Sept 22 low). Initial resistance is now located at 1.4867 (Sept 23 high) at followed by 1.4908 (Aug 22 high).

Yen 106.05

Initial support is located at 105.15 (Sept 22 low) followed by 103.54 (Sept 16 low). Initial resistance is now at 106.35 (Sep 24 high) followed by 107.47 (Sept 22 high).

Pound 1.8510

Initial support at 1.8472 (Sept 23 low) followed by 1.8265 (Sept 22 low). Initial resistance is now at 1.8642 (Sep 22 high) followed by 1.8795 (Aug 21 High).

Australian Dollar 0.8345

Initial support at 0.8279 (Sept 23 low) followed by the 0.8011 (Sep 19 low). Initial resistance is now at 0.8519 (Sept 22 high) followed by 0.8534 (Sept 2 high).

Gold 884

Initial support at 862.8 (Sept 22 low) followed by 825.12 (Sept 19 low). Initial resistance is now at 909.8 (Sep 23 high) followed by 919 (Sept 18 high).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.4437 1.4623 1.4645 1.4867 1.4908
USD/JPY 103.54 105.15 106.05 106.35 107.47
GBP/USD 1.8265 1.8472 1.8510 1.8642 1.8795
AUD/USD 0.8011 0.8279 0.8345 0.8519 0.8534
XAU/USD 825.12 862.80 884.00 909.80 919.00

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