FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Jan 19 09 01:25 GMT |

Euro 1.3320 Initial support at 1.3111 (Jan 16 low) followed by 1.3000 (Dec 11 low). Initial resistance is now located at 1.3374 (Jan 15 high) at followed by 1.3489 (Jan 12 high) Yen 91.00 Initial support is located at 89.74 (Jan 16 low) followed by 88.48 (Jan 15 low). Initial resistance is now at 91.67 (Jan 9 high) followed by 92.29 (61.8% retrace 94.64 to 88.48). Pound 1.4830 Initial support at 1.4622 (Jan 16 low) followed by 1.4470 (Jan 13 low). Initial resistance is now at 1.4981 (Jan 16 high) followed by 1.5029 (61.8% retrace 1.5374 to 1.4470). Australian Dollar 0.6750 Initial support at 0.6628 (Jan 16 low) followed by the 0.6538 (Jan 15 low). Initial resistance is now at 0.6820 (Jan 15 high) followed by 0.7042 (Jan 12 high). Gold 843 Initial support at 816 (Jan 16 low) followed by 802 (Jan 15 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 1.3000 1.3111 1.3320 1.3374 1.3489 USD/JPY 88.48 89.74 91.00 91.67 92.29 GBP/USD 1.4470 1.4622 1.4830 1.4981 1.5029 AUD/USD 0.6538 0.6628 0.6750 0.6820 0.7042 XAU/USD 802.00 816.20 843.00 857.00 870.00 Easy Forex http://www.easy-forex.com Easy-Forex makes no recommendations as to the merits of any financial product referred to in this website, emails or its related websites and the information contained does not take into account your personal objectives, financial situation and needs. Therefore you should consider whether these products are appropriate in view of your objectives, financial situation and needs as well as considering the risks associated in dealing with those products