FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Oct 21 08 01:35 GMT |

Euro 1.3325 Initial support at 1.3288 (Oct 20 low) followed by 1.3260 (Oct 10 trend low). Initial resistance is now located at 1.3531 (Oct 20 high) at followed by 1.3538 (Oct 9 high). Yen 101.95 Initial support is located at 101.36 (Oct 20 low) followed by 99.27 (Oct 16 trend low). Initial resistance is now at 102.41 (Oct 20 high) followed by 103.07 (Oct 14 high). Pound 1.7140 Initial support at 1.7105 (Oct 20 low) followed by 1.7000 (Key level). Initial resistance is now at 1.7518 (Oct 20 high) followed by 1.7613 (Oct 14 high). Australian Dollar 0.7025 Initial support at 0.6883 (Oct 20 low) followed by the 0.6731 (Oct 16 low). Initial resistance is now at 0.7076 (Oct 20 high) followed by 0.7239 (Oct 14 high) Gold 796 Initial support at 772.05 (Sept 16 low) followed by 764.6 (Sept 15 low). Initial resistance is now at 850 (Oct 16 high) followed by 856.46 (Oct 15 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.3260 1.3288 1.3325 1.3531 1.3538 USD/JPY 99.27 101.36 101.95 102.41 103.07 GBP/USD 1.7000 1.7105 1.7140 1.7518 1.7631 AUD/USD 0.6731 0.6883 0.7025 0.7076 0.7239 XAU/USD 764.69 772.05 796.00 850.00 856.46 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