FX Technical Commentary
Euro 1.4875
Initial support at 1.4702 (Nov 4 low) followed by 1.4626 (Nov 3 low). Initial resistance is now located at 1.4917 (Nov 5 high) followed by 1.4927 (Oct 27 high)
Yen 90.85
Initial support is located at 89.99 (Nov 5 low) followed by 89.20 (Nov 2 low). Initial resistance is now at 91.32 (Nov 4 high) followed by 91.62 (Oct 29 high).
Pound 1.6575
Initial support at 1.6402 (Nov 4 low) followed by 1.6241 (Oct 19 low). Initial resistance is now at 1.6693 (Oct 23 high) followed by 1.6742 (Sept 11 high).
Australian Dollar 0.9110
Initial support at 0.8971 (Nov 4 low) followed by the 0.8907 (Nov 2 low). Initial resistance is now at 0.9144 (Nov 4 high) followed by 0.9218 (Oct 27 high).
Gold 1091
Initial support at 1080 (Nov 4 low) followed by 1055 (Nov 3 high). Initial resistance is now at 1097 (Nov 4 high ) followed by 1100 (Psychological level).
Oil 79.80
Initial support at 78.5 (Intraday Support) followed by 78.0 (Intraday support). Initial resistance is now at 81 (Nov 5 high) followed by 82 (October High).
Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.4626 1.4702 1.4875 1.4917 1.4927 USD/JPY 89.20 89.99 90.85 91.32 91.62 GBP/USD 1.6241 1.6402 1.6575 1.6693 1.6742 AUD/USD 0.8907 0.8971 0.9110 0.9144 0.9218 XAU/USD 1055.00 1080 1091.00 1097.00 1100.00 OIL/USD 78.00 78.50 79.80 81.00 82.00
Euro 1.4875
Initial support at 1.4702 (Nov 4 low) followed by 1.4626 (Nov 3 low). Initial resistance is now located at 1.4917 (Nov 5 high) followed by 1.4927 (Oct 27 high)
Yen 90.85
Initial support is located at 89.99 (Nov 5 low) followed by 89.20 (Nov 2 low). Initial resistance is now at 91.32 (Nov 4 high) followed by 91.62 (Oct 29 high).
Pound 1.6575
Initial support at 1.6402 (Nov 4 low) followed by 1.6241 (Oct 19 low). Initial resistance is now at 1.6693 (Oct 23 high) followed by 1.6742 (Sept 11 high).
Australian Dollar 0.9110
Initial support at 0.8971 (Nov 4 low) followed by the 0.8907 (Nov 2 low). Initial resistance is now at 0.9144 (Nov 4 high) followed by 0.9218 (Oct 27 high).
Gold 1091
Initial support at 1080 (Nov 4 low) followed by 1055 (Nov 3 high). Initial resistance is now at 1097 (Nov 4 high ) followed by 1100 (Psychological level).
Oil 79.80
Initial support at 78.5 (Intraday Support) followed by 78.0 (Intraday support). Initial resistance is now at 81 (Nov 5 high) followed by 82 (October High).
Currency Sup 2 Sup 1 Spot Res 1 Res 2 EUR/USD 1.4626 1.4702 1.4875 1.4917 1.4927 USD/JPY 89.20 89.99 90.85 91.32 91.62 GBP/USD 1.6241 1.6402 1.6575 1.6693 1.6742 AUD/USD 0.8907 0.8971 0.9110 0.9144 0.9218 XAU/USD 1055.00 1080 1091.00 1097.00 1100.00 OIL/USD 78.00 78.50 79.80 81.00 82.00