FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Oct 27 08 01:36 GMT |

Euro 1.2585 Initial support at 1.2497 (Oct 24 low) followed by 1.2334 (April 24 2006). Initial resistance is now located at 1.3078 (Oct 22 high) at followed by 1.3359 (Oct 21 high). Yen 93.20 Initial support is located at 90.93 (Oct 24 low) followed by 90.00 (Key level). Initial resistance is now at 98.32 (Oct 24 high) followed by 100.57 (Oct 22 high). Pound 1.5805 Initial support at 1.5269 (Oct 24 low) followed by 1.5000 (Key level). Initial resistance is now at 1.6327 (Oct 24 high) followed by 1.7198 (Oct 21 high). Australian Dollar 0.6165 Initial support at 0.6057 (Oct 24 low) followed by the 0.5929 (April 07 2003 low). Initial resistance is now at 0.7076 (Oct 15 high) followed by 0.7239 (Oct 14 high). Gold 736 Initial support at 671.49 (Sept 04 2007 low) followed by 600 (Key Level). Initial resistance is now at 745.15 (Oct 24 high) followed by 750 (Key Level). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.2334 1.2497 1.2585 1.3078 1.3359 USD/JPY 90.00 90.93 93.20 98.32 100.57 GBP/USD 1.5000 1.5269 1.5805 1.6327 1.7198 AUD/USD 0.5929 0.6057 0.6165 0.7076 0.7239 XAU/USD 600.00 671.49 736.00 745.15 750.00 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