Sunday, 14 December 2008

FX Technical Commentary - Easy-Forex

Euro 1.3390

Initial support at 1.300 (Dec 11 low) followed by 1.2903 (Dec 10 low). Initial resistance is now located at 1.3415 (Dec 12 high) at followed by 1.3530 (Oct 20 high)
Yen 90.90

Initial support is located at 88.20 (Dec 12 low) followed by 88.07 (Range Projection). Initial resistance is now at 91.86 (Dec 12 high) followed by 92.88 (Dec 11 high).

Pound 1.4960


Initial support at 1.4816 (Dec 12 low) followed by 1.4736 (Dec 10 low). Initial resistance is now at 1.5118 (Dec 12 high) followed by 1.5213 (Nov 26 high).
Australian Dollar 0.6620

Initial support at 0.6490 (Dec 12 low) followed by the 0.6453 (Dec 8 low). Initial resistance is now at 0.6733 (Dec 12 high) followed by 0.68041 (Dec 11 high).

Gold 822

Initial support at 774 (Dec 10 low) followed by 763 (Dec 9 low). Initial resistance is now at 835 (Dec 11 high) followed by 856 (Oct 15 high).

CurrencySup 2Sup 1SpotRes 1Res 2
EUR/USD1.29031.30001.33901.34151.3530
USD/JPY 88.07 88.20 90.90 91.86 92.88
GBP/USD 1.4736 1.4816 1.4960 1.5118 1.5213
AUD/USD 0.6453 0.6490 0.6620 0.6733 0.6801
XAU/USD 763.00 774.00 822.00 835.00 856.00

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