FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Apr 08 09 00:49 GMT |

Euro 1.3280 Initial support at 1.3113 (Mar 30 low) followed by 1.3072 (Former resistance). Initial resistance is now located at 1.3592 (Mar 27 high) at followed by 1.3678 (Mar 24 high) Yen 100.70 Initial support is located at 99.35 (Apr 3 low) followed by 98.23 (Apr 1 low). Initial resistance is now at 101.44 (Apr 6 high) followed by 102.41 (Oct 20 high). Pound 1.4740 Initial support at 1.4450 (Apr 2 low) followed by 1.4241 (Mar 31 low). Initial resistance is now at 1.4986 (Feb 9 high) followed by 1.5154 (Jan 12 high). Australian Dollar 0.7115 Initial support at 0.7044 (Apr 7 low) followed by the 0.6976 (Apr 2 low). Initial resistance is now at 0.7229 (Apr 3 high) followed by 0.7268 (Jan 7 high). Gold 883 Initial support at 852 (Jan 23 low) followed by 843 (Jan 23 low). Initial resistance is now at 909 (Apr 1 high) followed by 945 (Mar 26 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.3072 1.3113 1.3280 1.3592 1.3678 USD/JPY 98.23 99.35 100.70 101.44 102.41 GBP/USD 1.4241 1.4450 1.4740 1.4986 1.5154 AUD/USD 0.6976 0.7044 0.7115 0.7229 0.7268 XAU/USD 843.00 852.00 883.00 909.00 933.00 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