FX Technical Commentary – Daily 05.04.2010
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Euro 1.3200
Initial support at 1.3115 (Apr 28 low) followed by 1.2965 (Apr 29 2009 low). Initial resistance is now located at 1.3416 (Apr 27 high) followed by 1.3523 (Apr 20 high)
Yen 94.60
Initial support is located at 92.74 (Apr 22 low) followed by 92.25 (38.2% retracement of 88.13 – 94.77). Initial resistance is now at 94.79 (Aug 5 high) followed by 95.29 (Aug 18 High).
Pound 1.5250
Initial support at 1.5126 (Apr 28 low) followed by 1.4805 (Mar 26 low). Initial resistance is now at 1.5391 (Apr 30 low) followed by 1.5524 (Apr 15 low).
Australian Dollar 0.9270
Initial support at 0.9137 (Apr 28 low) followed by the 0.9003 (Mar 26 low). Initial resistance is now at 0.9364 (Apr 15 high) followed by 0.9406 (Nov 16 high).
Gold 1183
Initial support at 1166 (Apr 30 low) followed by 1146 (Apr 27 low). Initial resistance is now at 1187 (May 3 high) followed by 1226 (Dec 3 high).
Oil 86.10
Initial support at 86.00 (Intraday Support) followed by 85 (Intraday Support). Initial resistance is now at 88.00 (March high) followed by 90.00 (Intraday Resistance).
| Currency | Sup 2 | Sup 1 | Spot | Res 1 | Res 2 |
|---|---|---|---|---|---|
| EUR/USD | 1.2965 | 1.3115 | 1.3200 | 1.3416 | 1.3523 |
| USD/JPY | 92.25 | 92.74 | 94.60 | 94.79 | 95.29 |
| GBP/USD | 1.4805 | 1.5126 | 1.5250 | 1.5391 | 1.5524 |
| AUD/USD | 0.9003 | 0.9137 | 0.9270 | 0.9364 | 0.9406 |
| XAU/USD | 1146.00 | 1166 | 1183.00 | 1187 | 1226.00 |
| OIL/USD | 85.00 | 86 | 86.10 | 88 | 90.00 |
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