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Forex and Dow Jones recommended levels
By: Nikolajs Serikovs - 18-07-2008
0votesJuly 18, 2008
GMT 03:52
EUR/USD
Today’s support: - 1.5806 and 1.5781(main), where correction is possible. Break would give 1.5750, where correction also may be. Then follows 1.5728. Break of the latter would result in 1.5716. If a strong impulse, we would see 1.5694. Continuation will give 1.5678.
Today’s resistance: - 1.5876, 1.5896, 1.5963 and 1.5997(main). Break would give 1.6023, where a correction is possible. Then goes 1.6054. Break of the latter would result in 1.6076. If a strong impulse, we’d see 1.6098. Continuation will give 1.6120.
USD/JPY
Today’s support: - 105.97 and 105.76(main). Break would bring 105.36, where correction is possible. Then 105.02. If a strong impulse, we would see 104.77. Continuation would give 104.43.
Today’s resistance: - 106.68 and 107.24(main), where a correction may happen. Break would bring 107.35, where also a correction may be. Then 107.66. If a strong impulse, we would see 107.87. Continuation will give 108.11 and 108.26.
DOW JONES INDEX
Today’s support: - 11 325.94(main), where a delay and correction may happen. Break of the latter will give 11 289.37, where correction also can be. Then follows 11 261.10. Be there a strong impulse, we would see 11 233.13. Continuation will bring 11 193.75 and 11 162.14.
Today’s resistance: - 11 479.22 and 11 521.50 (main), where a delay and correction may happen. Break would bring 11 548.13, where a correction may happen. Then follows 11 566.00, where a delay and correction could also be. Be there a strong impulse, we’d see 11 579.06. Continuation would bring 11 607.18 and 11 621.22.
Next Analysis: CHF/SEK Long Term Outlook
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