Economic Calendar

Monday, October 6, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Oct 06 08 02:47 GMT |

EUR/USD

Today's support: - 1.3580 and 1.3553(main), where correction is possible. Break would give 1.3517, where correction also may be. Then follows 1.3500. Break of the latter would result in 1.3483. If a strong impulse, we would see 1.3450. Continuation will give 1.3435 and 1.3410.

Today's resistance: - 1.36944130 and 1.3728(main). Break would give 1.3770, where a correction is possible. Then goes 1.3789. Break of the latter would result in 1.3820. If a strong impulse, we'd see 1.3847. Continuation will give 1.3864 and 1.3905.

USD/JPY

Today's support: - 103.92 and 103.63(main). Break would bring 103.28, where correction is possible. Then 103.06. If a strong impulse, we would see 102.94. Continuation would give 102.62.

Today's resistance: - 104.87 and 105.33(main), where a correction may happen. Break would bring 105.64, where also a correction may be. Then 105.97. If a strong impulse, we would see 106.20. Continuation will give 106.53.

DOW JONES INDEX

Today's support: - 10 313.14, 10 260.00 and 10 226.28(main), where a delay and correction may happen. Break of the latter will give 10 204.00, where correction also can be. Then follows 10 186.88. Be there a strong impulse, we would see 10 172.14. Continuation will bring 10 144.68 and 10 102.78.

Today's resistance: - 10 406.28 and 10 451.30(main), where a delay and correction may happen. Break would bring 10 496.28, where a correction may happen. Then follows 10 513.13, where a delay and correction could also be. Be there a strong impulse, we'd see 10 530.00. Continuation would bring 11 580.63 and 10 608.74.

FXtechtrade
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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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