Economic Calendar

Friday, November 14, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Nov 14 08 05:41 GMT |

EUR/USD

Today's support: - 1.2679 and 1.2642(main), where correction is possible. Break would give 1.2624, where correction also may be. Then follows 1.2586. Break of the latter would result in 1.2555. If a strong impulse, we would see 1.2533. Continuation will give 1.2510.

Today's resistance: - 1.2761, 1.2798,1.2830 and 1.2867(main). Break would give 1.2911, where a correction is possible. Then goes 1.2942. Break of the latter would result in 1.2961. If a strong impulse, we'd see 1.2986. Continuation will give 1.3004 and 1.3028.

USD/JPY

Today's support: - 96.30 and 96.08(main). Break would bring 95.83, where correction is possible. Then 95.62. If a strong impulse, we would see 95.40. Continuation would give 94.70.

Today's resistance: - 98.49, 98.77 and 99.00 (main), where a correction may happen. Break would bring 99.26, where also a correction may be. Then 99.42. If a strong impulse, we would see 99.70. Continuation will give 99.94 and 100.22.

DOW JONES INDEX

Today's support: - 8370.00, 8257.50, 8222.74 and 8187.19(main), where a delay and correction may happen. Break of the latter will give 8144.30, where correction also can be. Then follows 8125.32. Be there a strong impulse, we would see 8066.24. Continuation will bring 8022.26 and 7998.77.

Today's resistance: - 8565.63 and 8593.0(main), where a delay and correction may happen. Break would bring 8637.12, where a correction may happen. Then follows 8732.00, where a delay and correction could also be. Be there a strong impulse, we'd see 8780.64. Continuation would bring 8817.20.

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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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