Economic Calendar

Monday, September 29, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Sep 29 08 07:25 GMT |

EUR/USD

Today's support: - 1.4363 and 1.4332(main), where correction is possible. Break would give 1.4308, where correction also may be. Then follows 1.4286. Break of the latter would result in 1.4265. If a strong impulse, we would see 1.4244. Continuation will give 1.4220 and 1.4198.

Today's resistance: - 1.4448 and 1.4479(main). Break would give 1.4503, where a correction is possible. Then goes 1.4537. Break of the latter would result in 1.4560. If a strong impulse, we'd see 1.4583. Continuation will give 1.4604 and 1.4623.
USD/JPY

Today's support: - 105.74, 105.30, 105.01 and 104.83(main). Break would bring 104.51, where correction is possible. Then 104.25. If a strong impulse, we would see 103.82. Continuation would give 103.67 and 103.50.

Today's resistance: - 106.58, 106.78 and 107.13(main), where a correction may happen. Break would bring 107.33, where also a correction may be. Then 107.52. If a strong impulse, we would see 107.78. Continuation will give 108.04.
DOW JONES INDEX

Today's support: - 11 070.12, 11 058.76 and 11 036.20 (main), where a delay and correction may happen. Break of the latter will give 10 985.63, where correction also can be. Then follows 10 954.70. Be there a strong impulse, we would see 10 893.75. Continuation will bring 10 856.30 и 10 800.00.

Today's resistance: - 11 185.30 and 11 983.80(main), where a delay and correction may happen. Break would bring 11 208.77, where a correction may happen. Then follows 11 238.75, where a delay and correction could also be. Be there a strong impulse, we'd see 11 266.86. Continuation would bring 11 296.44, 11 316.10 and 11 340.00.

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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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