FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Oct 30 08 01:30 GMT |

Euro 1.2975 Initial support at 1.2686 (Oct 29 low) followed by 1.2329 (Oct 28 low). Initial resistance is now located at 1.2994 (Oct 29 high) at followed by 1.3007 (Oct 23 high). Yen 97.80 Initial support is located at 96.08 (Oct 29 high) followed by 95.64 (61.8% retrace 103.29-90.93). Initial resistance is now at 99.70 (Oct 23 high) followed by 100.57 (). Pound 1.6385 Initial support at 1.6000 (key level high) followed by 1.5878 (Oct 28 low). Initial resistance is now at 1.6475 (Oct 29 high) followed by 1.6500 (Key level high). Australian Dollar 0.6730 Initial support at 0.6339 (Oct 28 high) followed by the 0.6009 (Oct 28 low). Initial resistance is now at 0.6798 (Oct 29 high) followed by 0.6825 (Oct 22 high). Gold 760 Initial support at 738.59 (Oct 28 low) followed by 725 (Oct 28 low). Initial resistance is now at 775.75 (Oct 22 high) followed by 803 (Oct 21 Level). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.2329 1.2686 1.2975 1.2991 1.3007 USD/JPY 95.64 96.08 97.80 99.70 100.57 GBP/USD 1.5878 1.6000 1.6385 1.6475 1.6500 AUD/USD 0.6009 0.6339 0.6730 0.6798 0.6825 XAU/USD 725.00 738.59 760.00 775.00 803.00 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