Daily Forex Technicals | Written by Easy Forex | Sep 09 11 04:16 GMT

FX Technical Commentary

Euro 1.3925

Initial support at 1.3837 (Jul 12 low) followed by 1.3837 (July 12 low). Initial resistance is now located at 1.4220 (Sept 5 high) followed by 1.4288 (Sept 2 high)

Yen 77.45

Initial support is located at 76.55 (Sep 2 low) followed by 75.95 (Psych level). Initial resistance is now at 77.70 (Aug 25 high) followed by 78.86 (Aug 8 high).

Pound 1.5985

Initial support at 1.5921 (Sep 6 low) followed by 1.5781 (Jul 12 low). Initial resistance is now at 1.6061 (Sept 5 high) followed by 1.6334 (Aug 31 high).

Australian Dollar 1.0625

Initial support at 1.0419 (Aug 26 low) followed by the 1.0363 (Aug 22 low). Initial resistance is now at 1.0666 (Sept 5 high) followed by 1.0734 (Sep 2 high).

Gold 1863

Initial support at 1805 (Sept 8 low) followed by 1757 (Aug 29 low). Initial resistance is now at 1880 (Sept 7 high) followed by 1921 (Sept 6 high).

Oil 89.40

Initial support at 88.00 (Intraday Support) followed by 85.00 (Intraday Support). Initial resistance is now at 90.00 (Intraday resistance) followed by 92.50 (Intraday Resistance).

Currency	Sup 2	Sup 1	Spot	Res 1	Res 2
EUR/USD	1.3752	1.3837	1.3925	1.4149	1.4288
USD/JPY	75.95	76.55	77.45	77.70	78.86
GBP/USD	1.5781	1.5921	1.5985	1.6061	1.6334
AUD/USD	1.0363	1.0419	1.0625	1.0666	1.0734
XAU/USD	1757.00	1805	1863	1880	1921
OIL/USD	85.00	88.0	89.40	90.00	92.50

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