Economic Calendar

Wednesday, September 10, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Sep 10 08 03:06 GMT |

EUR/USD

Today's support: - 1.4060, 1.4040 and 1.4014 (main), where correction is possible. Break would give 1.3992, where correction also may be. Then follows 1.3972. Break of the latter would result in 1.3945. If a strong impulse, we would see 1.3923. Continuation will give 1.3896 and 1.3873

Today's resistance: - 1.4182 and 1.4232(main). Break would give 1.4270, where a correction is possible. Then goes 1.4312. Break of the latter would result in 1.4340. If a strong impulse, we'd see 1.4364. Continuation will give 1.4396.

USD/JPY

Today's support: - 106.87, 106.56and106.20 (main). Break would bring 107.36, where correction is possible. Then 107.10. If a strong impulse, we would see 106.88. Continuation would give 106.56 and 106.20.

Today's resistance: - 107.76 and 108.23(main), where a correction may happen. Break would bring 108.57, where also a correction may be. Then 108.78. If a strong impulse, we would see 108.90. Continuation will give 109.32 and 109.70.

DOW JONES INDEX

Today's support: - 11 176.86, 11 149.03 and 11 126.20(main), where a delay and correction may happen. Break of the latter will give 11 114.65, where correction also can be. Then follows 11 086.88. Be there a strong impulse, we would see 11 058.77. Continuation will bring 11 036.25 and 10 985.63.

Today's resistance: - 11 263.27, 11 295.00 and 11 351.31(main), where a delay and correction may happen. Break would bring 11 364.00, where a correction may happen. Then follows 11 396.26, where a delay and correction could also be. Be there a strong impulse, we'd see 11 418.73. Continuation would bring 11 430.00.

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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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