FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Apr 27 09 01:28 GMT |

Euro 1.3220 Initial support at 1.3074 (Former resistance) followed by 1.2980 (Apr 23 low). Initial resistance is now located at 1.3301 (April 24 high) at followed by 1.3392 (Apr 13 high) Yen 96.75 Initial support is located at 95.96 (Mar 30 high) followed by 95.43 (Mar 23 low). Initial resistance is now at 98.92 (Apr 21 high) followed by 99.76 (Apr 17 high). Pound 1.4660 Initial support at 1.4398 (Apr 22 low) followed by 1.4241 (Mar 31 low). Initial resistance is now at 1.4816 (Apr 20 high) followed by 1.4942 (Apr 17 high). Australian Dollar 0.7180 Initial support at 0.7030 (Apr 22 low) followed by the 0.6954 (Apr 20 low). Initial resistance is now at 0.7249 (Apr 20 high) followed by 0.7327 (Apr 13 high). Gold 916 Initial support at 889 (Apr 23 low) followed by 878 (Apr 21 low). Initial resistance is now at 933 (Apr 1 high) followed by 945 (Mar 26 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.2988 1.3074 1.3220 1.3301 1.3392 USD/JPY 95.43 95.95 96.75 98.92 99.76 GBP/USD 1.4240 1.4398 1.4660 1.4817 1.4942 AUD/USD 0.7000 0.7030 0.7180 0.7249 0.7327 XAU/USD 878.00 889.00 916.00 933.00 945.00 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