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By: Easy Forex - 11-11-2008
0votes· Euro – 1.2760
Initial support at 1.2710 (Nov 10 low) followed by 1.2652 (Nov 7 low). Initial resistance is now located at 1.2956 (Nov 6 High) at followed by 1.3116 (76.4% retrace 1.3298 to 1.2526)
· Yen – 97.95
Initial support is located at 97.61 (Nov 10 low) followed by 96.36 (Oct 31 low). Initial resistance is now at 99.92 (Nov 5 high) followed by 100.57 (Oct 22 high).
· Pound – 1.5640
Initial support at 1.5537 (Nov 7 low) followed by 1.5402 (Oct 28 low). Initial resistance is now at 1.5885 (Nov 10) followed by 1.6197 (Nov 5).
· Australian Dollar – 0.6725
Initial support at 0.6652 (Nov 10 low) followed by the 0.6546 (Nov 7 low). Initial resistance is now at 0.7015 (Nov 4 high) followed by 0.7065 (Oct 20 high).
· Gold – 744
Initial support at 718 (61.8% retrace 777.90-682.41) followed by 707 (Oct 27 low). Initial resistance is now at 777.5 (Oct 30 high) followed by 803.65 (Oct 21 Level).
Next Analysis: Euro/USD Daily AnalysisContent Provided by:
Easy Forex
Easy-Forex™ Trading Platform, founded by a group of bankers, Forex and Internet experts, offers Forex traders direct access to the global currency markets. Easy-Forex™ revolutionary Online FX trading platform is the first online FX trading system allowing clients to deal Forex as a consu
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