FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Jul 08 09 03:59 GMT |

Euro 1.3920 Initial support at 1.3827 (Jun 29 low) followed by 1.3827 (Jun 22 low). Initial resistance is now located at 1.4026 (July 3 high) followed by 1.4201 (Jun 1 high) Yen 94.85 Initial support is located at 94.45 (Jun 1 low) followed by 93.86 (May 22 low). Initial resistance is now at 96.13 (Jun 06 high) followed by 97.19 (Jun 19 high). Pound 1.6120 Initial support at 1.6096 (Jul 6 low) followed by 1.5986 (Jun 9 low). Initial resistance is now at 1.6429 (Jul 3 high) followed by 1.6546 (July 1 Level). Australian Dollar 0.7885 Initial support at 0.7880 (July 6 low) followed by the 0.7790 (May 19 low). Initial resistance is now at 0.8107 (Jul 03 high) followed by 0.8155 (Jul 1 high). Gold 923 Initial support at 913 (June 23 low) followed by 906 (May 8 low). Initial resistance is now at 934 (Jul 3 high) followed by 948 (June 26 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.3749 1.3827 1.3920 1.4201 1.4267 USD/JPY 93.86 94.45 94.85 96.13 97.19 GBP/USD 1.5986 1.6096 1.6120 1.6429 1.6546 AUD/USD 0.7790 0.7880 0.7885 0.8107 0.8155 XAU/USD 906.00 913.00 923.00 934.00 948.00 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