FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Oct 29 08 01:45 GMT |

Euro 1.2800

Initial support at 1.2686 (Oct 27 high) followed by 1.2329 (Oct 28 low). Initial resistance is now located at 1.3078 (Oct 22 high) at followed by 1.3260 (Oct 22 high).
Yen 98.20

Initial support is located at 97.78 (Oct 28 high) followed by 92.49 (Oct 28 level). Initial resistance is now at 98.32 (Oct 23 high) followed by 100 (Key Psychological Number).
Pound 1.6050

Initial support at 1.5830 (Oct 28 high) followed by 1.5402 (Oct 28 low). Initial resistance is now at 1.6297 (Oct 27 high) followed by 1.6350 (Oct 24 high).
Australian Dollar 0.6510

Initial support at 0.6347 (Oct 28 high) followed by the 0.6009 (Oct 28 low). Initial resistance is now at 0.6520 (Topside resistance) followed by 0.6752 (Oct 23 high).
Gold 755

Initial support at 724.65 (Oct 28 low) followed by 707.5 (Oct 27 low). Initial resistance is now at 756 (Oct 28 high) followed by 775 (Oct 22 Level).
Currency  Sup 2  Sup 1  Spot  Res 1  Res 2
EUR/USD  1.2329  1.2686  1.2800  1.3076  1.3260
USD/JPY  92.49  97.78  98.20  98.32  100.00
GBP/USD  1.5402  1.5830  1.6050  1.6297  1.6350
AUD/USD  0.6009  0.6347  0.6510  0.6520  0.6752
XAU/USD  707.00  724.00  755.00  756.00  775.00

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