FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Oct 15 08 01:33 GMT |

Euro 1.3550 Initial support at 1.3405 (Oct 13 low) followed by 1.3259 (Oct 10 trend low). Initial resistance is now located at 1.3786 (Oct 9 high) at followed by 1.3882 (Oct 9 high). Yen 101.60 Initial support is located at 99.58 (Oct 13 low) followed by 97.91 (Oct 10 trend low). Initial resistance is now at 103.07 (Oct 7 low) followed by 103.29 (Key level). Pound 1.7390 Initial support at 1.7334 (Oct 14 low) followed by 1.6909 (Oct 13 low). Initial resistance is now at 1.7656 (Oct 8 low) followed by 1.7725 (Oct 8 high). Australian Dollar 0.6935 Initial support at 0.6435 (Oct 13 low) followed by the 0.6331 (Oct 10 low). Initial resistance is now at 0.6970 (Oct 14 high) followed by 0.7239 (Oct 7 high). Gold 841 Initial support at 823 (Oct 13 low) followed by 820 (Oct 2 low). Initial resistance is now at 872 (Oct 13 high) followed by 930.25 (round number). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.3260 1.3405 1.3550 1.3786 1.3882 USD/JPY 97.91 99.58 101.60 103.07 103.29 GBP/USD 1.6904 1.7334 1.7390 1.7656 1.7725 AUD/USD 0.6331 0.6435 0.6935 0.6970 0.7239 XAU/USD 820.00 823.00 841.00 872.00 930.00 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