FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Apr 03 09 04:36 GMT |

Euro 1.3485 Initial support at 1.3113 (Mar 30 low) followed by 1.3098 (50% retrace 1.2457 to 1.3739). Initial resistance is now located at 1.3592 (Mar 27 high) at followed by 1.3678 (Mar 24 high) Yen 99.80 Initial support is located at 98.23 (Apr 1 low) followed by 97.23 (Mar 31 low). Initial resistance is now at 100.55 (Nov 4 high) followed by 102.41 (Oct 20 high). Pound 1.4770 Initial support at 1.4241 (Mar 31 low) followed by 1.4112 (Mar 30 low). Initial resistance is now at 1.4778 (Mar 24 high) followed by 1.4915 (Feb 10 high). Australian Dollar 0.7230 Initial support at 0.6857 (Apr 1 low) followed by the 0.6771 (Mar 30 low). Initial resistance is now at 0.7268 (Jan 7 high) followed by 0.7355 (Oct 7 high). Gold 903 Initial support at 895 (Apr 2 low) followed by 883 (Mar 18 low). Initial resistance is now at 945 (Mar 26 high) followed by 966 (Mar 20 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.3098 1.3113 1.3485 1.3592 1.3678 USD/JPY 97.23 98.23 99.80 100.55 102.41 GBP/USD 1.4112 1.4241 1.4770 1.4478 1.4915 AUD/USD 0.6771 0.6857 0.7230 0.7268 0.7355 XAU/USD 884.00 895.00 903.00 945.00 966.00 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