Economic Calendar

Wednesday, November 26, 2008

FX Technical Commentary

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Daily Forex Technicals | Written by Easy Forex | Nov 26 08 01:32 GMT |

Euro 1.3020

Initial support at 1.2804 (Nov 25 low) followed by 1.2568 (Nov 24 low). Initial resistance is now located at 1.3081 (Nov 25 low) at followed by 1.3116 (Nov 5 high)

Yen 95.00

Initial support is located at 94.94 (Nov 24 low) followed by 93.62 (Nov 20 low). Initial resistance is now at 97.43 (Nov 25 high) followed by 97.55 (Nov 17 high).

Pound 1.5400

Initial support at 1.4984 (Nov 25 low) followed by 1.4841 (Nov 24 low). Initial resistance is now at 1.5500 (Key level) followed by 1.5535 (Nov 25 high).

Australian Dollar 0.6465

Initial support at 0.6298 (76.4% retrace 0.7015 to 0.6076) followed by the 0.6232 (Nov 24 low). Initial resistance is now at 0.6618 (Nov 25 high) followed by 0.6696 (Nov 14 high).

Gold 813

Initial support at 786 (Nov 24 low) followed by 743 (Nov 21 low). Initial resistance is now at 856 (Oct 15 high) followed by 871 (Oct 13).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.2568 1.2804 1.3020 1.3081 1.3116
USD/JPY 93.62 94.94 95.00 97.43 97.55
GBP/USD 1.1484 1.4984 1.5400 1.5500 1.5535
AUD/USD 0.6232 0.6298 0.6465 0.6618 0.6696
XAU/USD 743.00 786.00 813.00 856.59 871.00

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