FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Mar 04 09 03:16 GMT |

Euro 1.2490 Initial support at 1.2425 (Nov 21 low) followed by 1.2389 (Nov 13 low). Initial resistance is now located at 1.2679 (Mar 3 low) at followed by 1.2751 (Feb 27 high) Yen 98.50 Initial support is located at 96.86 (Feb 27 low) followed by 96.36 (Feb 25 low). Initial resistance is now at 98.71 (Feb 26 high) followed by 99.47 (Nov 10 high). Pound 1.4025 Initial support at 1.3959 (Mar 2 low) followed by 1.3929 (Jan 27 low). Initial resistance is now at 1.4157 (Mar 3 high) followed by 1.4385 (Feb 26 high). Australian Dollar 0.6325 Initial support at 0.6281 (Mar 3 low) followed by the 0.6249 (Feb 2 low). Initial resistance is now at 0.6463 (Mar 3 high) followed by 0.6482 (Feb 27 high). Gold 915 Initial support at 922 (Mar 2 low) followed by 911 (Feb 11 low). Initial resistance is now at 963 (Feb 27 high) followed by 978 (Feb 25 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.2389 1.2425 1.2490 1.2679 1.2751 USD/JPY 96.36 96.86 98.50 98.71 99.47 GBP/USD 1.3929 1.3957 1.4025 1.4157 1.4385 AUD/USD 0.6249 0.6281 0.6325 0.6463 0.6482 XAU/USD 911.00 922.00 915.00 963.00 978.00 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