Economic Calendar

Thursday, July 3, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Jul 03 08 08:39 GMT |

EUR/USD

Today's support: - 1.5843, 1.5825 and 1.5814(main), where correction is possible. Break would give 1.5793, where correction also may be. Then follows 1.5772. Break of the latter would result in 1.5747. If a strong impulse, we would see 1.5720. Continuation will give 1.5696.

Today's resistance: - 1.5895(main). Break would give 1.5916, where a correction is possible. Then goes 1.5933. Break of the latter would result in 1.5952. If a strong impulse, we'd see 1.5998. Continuation will give 1.6022.
USD/JPY


Today's support: - 105.94 and 105.72(main). Break would bring 105.53, where correction is possible. Then 105.24. If a strong impulse, we would see 105.05. Continuation would give 104.74 and 104.51.

Today's resistance: - 106.46 and 106.67(main), where a correction may happen. Break would bring 107.04, where also a correction may be. Then 107.33. If a strong impulse, we would see 107.56. Continuation will give 107.81.
DOW JONES INDEX

Today's support: - 11 296.40, 11 272.54 and 11 244.37(main), where a delay and correction may happen. Break of the latter will give 11 218.00, where correction also can be. Then follows 11 193.72. Be there a strong impulse, we would see 11 162.60. Continuation will bring 11 138.20.

Today's resistance: - 11 418.80 and 11 441.26(main), where a delay and correction may happen. Break would bring 11 463.66, where a correction may happen. Then follows 11 497.50, where a delay and correction could also be. Be there a strong impulse, we'd see 11 522.77. Continuation would bring 11 565.00 and 11 621.20.

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Disclaimer: Any information presented by Nikolajs Serikovs at this very website should be in no way understood as an offer, promise or guarantee for receiving a profit or avoiding the losses. Stated here levels of support and resistance must not be construed as an investment advice or endorsement for any financial instrument. There exists no guarantee that the market would behave in accordance with the information stated here Prepared in Republic of Latvia for the worldwide distribution.


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