Economic Calendar

Thursday, August 14, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Aug 14 08 03:08 GMT |

EUR/USD

Today's support: - 1.4850, 1.4827 and 1.4805 (main), where correction is possible. Break would give 1.4781, where correction also may be. Then follows 1.4787. Break of the latter would result in 1.4738. If a strong impulse, we would see 1.4716. Continuation will give 1.4698 and 1.4683.

Today's resistance: - 1.4963(main). Break would give 1.4987, where a correction is possible. Then goes 1.5012. Break of the latter would result in 1.5022. If a strong impulse, we'd see 1.5044. Continuation will give 1.5064.
USD/JPY

Today's support: - 109.06, 108.84, 108.50 and 108.33(main). Break would bring 108.11, where correction is possible. Then 107.96. If a strong impulse, we would see 107.78. Continuation would give 107.54 and 107.28.

Today's resistance: - 109.58, 109.72 and 109.94(main), where a correction may happen. Break would bring 110.22, where also a correction may be. Then 110.48. If a strong impulse, we would see 110.70. Continuation will give 110.93.
DOW JONES INDEX

Today's support: - 11 473.21 and 11 430.00(main), where a delay and correction may happen. Break of the latter will give 11 393.44, where correction also can be. Then follows 11 351.28. Be there a strong impulse, we would see 11 337.19. Continuation will bring 11 311.80 and 11 293.58.

Today's resistance: - 11 593.13, 11 621.25, 11 666.30 and 11 697.87(main), where a delay and correction may happen. Break would bring 11 723.20, where a correction may happen. Then follows 11 754.84, where a delay and correction could also be. Be there a strong impulse, we'd see 11 773.13. Continuation would bring 11 792.80.

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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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