FX Technical Commentary

Daily Forex Technicals | Written by Easy Forex | Jul 15 09 02:48 GMT |

Euro 1.3985 Initial support at 1.3827 (Jun 22 low) followed by 1.3749 (Jun 16 low). Initial resistance is now located at 1.4071 (July 1 high) followed by 1.4201 (Jun 1 high) Yen 93.55 Initial support is located at 91.74 (Jul 13 low) followed by 90.52 (76.4 retrace 87.13-101.44). Initial resistance is now at 93.60 (Jul 9 high) followed by 94.89 (Jul 8 high). Pound 1.6330 Initial support at 1.5985 (July 8) followed by 1.5803 (Jun 8 low). Initial resistance is now at 1.6380 (Jul 9 high) followed by 1.6546 (Jul 1 high). Australian Dollar 0.7940 Initial support at 0.7703 (July 13 low) followed by the 0.7630 (May 19 low). Initial resistance is now at 0.8038 (July 7 high) followed by 0.8155 (Jun 30 high). Gold 925 Initial support at 905 (Jul 8 low) followed by 895 (May 6 low). Initial resistance is now at 934 (Jul 3 high) followed by 948 (Jun 26 high). Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.3749 1.3827 1.3985 1.4071 1.4201 USD/JPY 90.52 91.74 93.55 93.60 94.89 GBP/USD 1.5803 1.5985 1.6330 1.6380 1.6546 AUD/USD 0.7630 0.7703 0.7940 0.8038 0.8155 XAU/USD 895.00 905.00 925.00 934.00 948.00 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