Economic Calendar

Friday, November 28, 2008

FX Technical Commentary

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Daily Forex Technicals | Written by Easy Forex | Nov 28 08 01:46 GMT |

Euro 1.2895

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 95.55

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 1.5380

Initial support at 1.5176 (Nov 26 low) followed by 1.4984 (Nov 25 low). Initial resistance is now at 1.5534 (Nov 34 level) followed by 1.5703 (Nov 11 high).

Australian Dollar 0.6560

Initial support at 0.6333 (Nov 25 low) 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 1.2895 1.3081 1.3116
USD/JPY 93.62 94.94 95.55 97.43 97.55
GBP/USD 1.4984 1.5176 1.5380 1.5534 1.5703
AUD/USD 0.6232 0.6333 0.6560 0.6618 0.6696
XAU/USD 743.00 786.00 813.00 856.59 871.00

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