FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Oct 28 08 01:28 GMT |

Euro 1.2460 Initial support at 1.2335 (Oct 24 low) followed by 1.2286 (April 19 2006 low). Initial resistance is now located at 1.2686 (Oct 22 high) at followed by 1.3078 (Oct 21 high). Yen 92.75 Initial support is located at 91.93 (Oct 27 low) followed by 90.92 (Oct 24 level). Initial resistance is now at 94.48 (Oct 27 high) followed by 97.98 (Oct 24 high). Pound 1.5535 Initial support at 1.5267 (Oct 24 low) followed by 1.5164 (Aug 2002 low). Initial resistance is now at 1.5923 (Oct 27 high) followed by 1.6346 (Oct 24 high). Australian Dollar 0.6015 Initial support at 0.5929 (Apr 07 2003 low) followed by the 0.5882 (Mar 18 2003 low). Initial resistance is now at 0.6026 (Oct 27 low) followed by 0.625 (Oct 27 high). Gold 729 Initial support at 707.5 (Oct 27 low) followed by 682.5 (Oct 24 low). Initial resistance is now at 747 (Oct 24 high) followed by 750 (Key Level). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.2286 1.2335 1.2460 1.2686 1.3078 USD/JPY 90.92 91.91 92.75 94.48 97.98 GBP/USD 1.5164 1.5269 1.5535 1.5923 1.6346 AUD/USD 0.5882 0.5929 0.6015 0.6250 0.6331 XAU/USD 682.50 707.50 729.00 747.24 750.00 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