FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Jun 17 09 01:36 GMT |

Euro 1.3840 Initial support at 1.3728 (May 21 low) followed by 1.3584 (May 20 low). Initial resistance is now located at 1.4033 (Jun 15 high) followed by 1.4178 (Jun 11 high) Yen 96.40 Initial support is located at 95.33 (Jun 5 low) followed by 96.52 (Jun 2 low). Initial resistance is now at 97.89 (May 7 high) followed by 98.89 (Jun 5 high). Pound 1.6405 Initial support at 1.6041 (Nov 6) followed by 1.5986 (Jun 9). Initial resistance is now at 1.6662 (Jun 3 high) followed by 1.6739 (61.8% retrace). Australian Dollar 0.7940 Initial support at 0.7828 (Jun 8 low) followed by the 0.7745 (May 28 low). Initial resistance is now at 0.8108 (Jun 15 high) followed by 0.8263 (Jun 3 high). Gold 935 Initial support at 925 (May 20 low) followed by 916 (May 18 low). Initial resistance is now at 965 (Jun 5 high) followed by 983 (June 3 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.3584 1.3728 1.3840 1.4033 1.4178 USD/JPY 94.45 95.33 96.40 97.89 98.89 GBP/USD 1.5986 1.6041 1.6405 1.6662 1.6739 AUD/USD 0.7745 0.7828 0.7940 0.8108 0.8263 XAU/USD 916.00 925.00 935.00 965.00 983.00 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