TECHNICAL COMMENTARY

Currency
Sup 2
Sup 1
Spot
Res 1
Res 2
EUR/USD
1.4611
1.4626
1.4735
1.4905
1.5091
USD/JPY
86.59
87.32
88.05
89.52
90.77
GBP/USD
1.5973
1.6126
1.6270
1.6516
1.6722
AUD/USD
0.8907
0.8947
0.9095
0.9189
0.9322
XAU/USD
1118.00
1124
1132.00
1199.00
1179.00
OIL/USD
69.50
70.00
70.80
72.50
75.0
Euro – 1.4735Initial support at 1.4626 (November 3 low) followed by 1.4611 (0.382 of 1.3749-1.5144). Initial resistance is now located at 1.4905 (Dec 7 high) followed by 1.5091 (Dec 4 high)
Yen – 88.05Initial support is located at 87.32 (Dec 4 low) followed by 86.59 (Dec 2 low). Initial resistance is now at 89.52 (Dec 8 high) followed by 90.77 (Dec 4 High).