Economic Calendar

Monday, December 1, 2008

FX Technical Commentary

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Daily Forex Technicals | Written by Easy Forex | Dec 01 08 03:14 GMT |

Euro 1.2695

Initial support at 1.2645 (Nov 28 low) followed by 1.2568 (Nov 24 low). Initial resistance is now located at 1.2968 (Nov 27 low) at followed by 1.3081 (Nov 25 high)

Yen 95.45

Initial support is located at 94.61 (Nov 26 low) followed by 93.56 (Nov 20 low). Initial resistance is now at 97.43 (Nov 25 high) followed by 97.55 (Nov 17 high).

Pound 1.5375

Initial support at 1.5258 (Nov 28 low) followed by 1.5176 (Nov 26 low). Initial resistance is now at 1.5449 (Nov 28 level) followed by 1.5534 (Nov 25 high).

Australian Dollar 0.6530

Initial support at 0.6430 (Nov 26 low) followed by the 0.6333 (Nov 25 low). Initial resistance is now at 0.6618 (Nov 25 high) followed by 0.6696 (Nov 14 high).

Gold 818

Initial support at 786 (Nov 24 low) followed by 743 (Nov 21 low). Initial resistance is now at 830.5 (Nov 25 high) followed by 856 (Oct 15 high).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.2568 1.2645 1.2695 1.2968 1.3081
USD/JPY 93.56 94.61 95.45 97.43 97.55
GBP/USD 1.5176 1.5258 1.5375 1.5449 1.5534
AUD/USD 0.6333 0.6430 0.6530 0.6618 0.6696
XAU/USD 743.00 786.00 818.00 830.50 856.00

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