FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Apr 24 09 01:36 GMT |

Euro 1.3120 Initial support at 1.2886 (Apr 22 low) followed by 1.2833 (Mar 16 low). Initial resistance is now located at 1.3198 (April 17 high) at followed by 1.3297 (Apr 15 high) Yen 97.85 Initial support is located at 97.23 (Mar 31 high) followed by 95.96 (Mar 30 low). Initial resistance is now at 98.92 (Apr 21 high) followed by 99.76 (Apr 17 high). Pound 1.4660 Initial support at 1.439 8(Apr 22 low) followed by 1.4241 (Mar 31 low). Initial resistance is now at 1.4708 (Apr 21 high) followed by 1.4817 (Apr 20 high). Australian Dollar 0.7115 Initial support at 0.7000 (Apr 22 low) followed by the 0.6954 (Apr 20 low). Initial resistance is now at 0.7249 (Apr 20 low) followed by 0.7327 (Apr 13 high). Gold 905 Initial support at 878 (Apr 21 low) followed by 864 (Apr 17 low). Initial resistance is now at 909 (Apr 3 high) followed by 933 (Apr 1 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.2833 1.2886 1.3120 1.3198 1.3297 USD/JPY 95.96 97.23 97.85 98.92 99.76 GBP/USD 1.4240 1.4398 1.4660 1.4708 1.4817 AUD/USD 0.6954 0.7000 0.7115 0.7249 0.7327 XAU/USD 864.00 878.00 905.00 909.00 933.00 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