Economic Calendar

Friday, October 31, 2008

FX Technical Commentary

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Daily Forex Technicals | Written by Easy Forex | Oct 31 08 01:40 GMT |

Euro 1.2865

Initial support at 1.2806 (Oct 30 low) followed by 1.2626 (Oct 29 low). Initial resistance is now located at 1.3292 (Oct 30 high) at followed by 1.3358 (Oct 21 high).

Yen 98.65

Initial support is located at 97.23 (Oct 30 low) followed by 96.08 (Oct 29 low). Initial resistance is now at 99.70 (Oct 29 high) followed by 100.57 (Oct 22 high).

Pound 1.6365

Initial support at 1.6213 (Oct 30 low) followed by 1.6000 (Oct 29 low). Initial resistance is now at 1.6672 (Oct 30 high) followed by 1.6728 (Oct 22 High).

Australian Dollar 0.6735

Initial support at 0.6619 (Oct 30 low) followed by the 0.6339 (Oct 29 low). Initial resistance is now at 0.7065 (Oct 21 high) followed by 0.6239 (Oct 14 high).

Gold 738

Initial support at 733 (Oct 30 low) followed by 725 (Oct 28 low). Initial resistance is now at 803 (Oct 21 high) followed by 814.5 (Oct 17 Level).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.2626 1.2806 1.2865 1.3292 1.3358
USD/JPY 96.08 97.23 98.65 99.70 100.57
GBP/USD 1.6000 1.6213 1.6365 1.6672 1.6728
AUD/USD 0.6339 0.6619 0.6735 0.7065 0.7239
XAU/USD 725.00 733.00 738.00 803.00 814.00

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