Economic Calendar

Wednesday, January 14, 2009

FX Technical Commentary

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Daily Forex Technicals | Written by Easy Forex | Jan 14 09 01:35 GMT |

Euro 1.3205

Initial support at 1.3001 (Dec 11 low) followed by 1.2904 (Dec 10). Initial resistance is now located at 1.3489 (Jan 12 high) at followed by 1.3752 (Jan 9 high)

Yen 89.30

Initial support is located at 89.79 (Jan 12) followed by 88.72 (Dec 19 low). Initial resistance is now at 90.30 (Jan 12 high) followed by 91.67 (Jan 9 high).

Pound 1.4520

Initial support at 1.4470 (Jan 13 low) followed by 1.4378 (Jan 2 low). Initial resistance is now at 1.5154 (Jan 12 high) followed by 1.5374 (Jan 8 high).

Australian Dollar 0.6680

Initial support at 0.6576 (Dec 15 low) followed by the 0.6490 (Dec 12 low). Initial resistance is now at 0.6820 (Jan 13 high) followed by 0.7042 (Jan 12 high).

Gold 822

Initial support at 802 (Jan 12 low) followed by 774 (Dec 11 low). Initial resistance is now at 857 (Jan 12 high) followed by 870 (Jan 6 high).

Currency Sup 2 Sup 1 Spot Res 1 Res 2
EUR/USD 1.2904 1.3001 1.3205 1.3489 1.3752
USD/JPY 88.72 88.79 89.30 90.30 91.67
GBP/USD 1.4378 1.4470 1.4520 1.5154 1.5374
AUD/USD 0.6490 0.6576 0.6680 0.6820 0.7042
XAU/USD 774.00 802.00 822.00 857.00 870.00

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