FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Apr 29 09 01:28 GMT |

Euro 1.3130 Initial support at 1.2866 (Apr 22 low) followed by 1.2732 (Mar 12 low). Initial resistance is now located at 1.3274 (April 27 high) at followed by 1.3301 (Apr 24 high) Yen 96.50 Initial support is located at 95.43 (Mar 23 low) followed by 94.15 (Mar 23 low). Initial resistance is now at 97.30 (Apr 27 high) followed by 98.15 (Apr 24 high). Pound 1.4620 Initial support at 1.4398 (Apr 22 low) followed by 1.4241 (Mar 31 low). Initial resistance is now at 1.4817 (Apr 20 high) followed by 1.4942 (Apr 17 high). Australian Dollar 0.7065 Initial support at 0.6954 (Apr 20 low) followed by the 0.6857 (Apr 1 low). Initial resistance is now at 0.7249 (Apr 20 high) followed by 0.7327 (Apr 13 high). Gold 891 Initial support at 878 (Apr 21 low) followed by 864 (Apr 17 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 1.2732 1.2886 1.3130 1.3274 1.3301 USD/JPY 94.15 95.43 96.50 97.30 98.15 GBP/USD 1.4240 1.4398 1.4620 1.4817 1.4942 AUD/USD 0.6857 0.6954 0.7065 0.7249 0.7327 XAU/USD 864.00 878.00 891.00 933.00 945.00 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