Economic Calendar

Monday, December 1, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Dec 01 08 03:27 GMT |

EUR/USD

Today's support: - 1.2634 and 1.2600(main), where correction is possible. Break would give 1.2572, where correction also may be. Then follows 1.2544. Break of the latter would result in 1.2506. If a strong impulse, we would see 1.2477. Continuation will give 1.2454 and 1.2421.

Today's resistance: - 1.2713 and 1.2738(main). Break would give 1.2756, where a correction is possible. Then goes 1.2788. Break of the latter would result in 1.2814. If a strong impulse, we'd see 1.2832. Continuation will give 1.2856 and 1.2870.

USD/JPY

Today's support: - 94.76 and 94.38(main). Break would bring 94.17, where correction is possible. Then 94.03. If a strong impulse, we would see 94.86. Continuation would give 93.60 and 93.36.

Today's resistance: - 95.58 and 95.90(main), where a correction may happen. Break would bring 96.16, where also a correction may be. Then 96.43. If a strong impulse, we would see 96.72. Continuation will give 97.10 and 97.31.

DOW JONES INDEX

Today's support: - 8733.62, 8673.24 and 8628.80 (main), where a delay and correction may happen. Break of the latter will give 8606.31, where correction also can be. Then follows 8555.33. Be there a strong impulse, we would see 8211.60. Continuation will bring 8486.67 and 8455.37.

Today's resistance: - 8842.44 and 8868.80(main), where a delay and correction may happen. Break would bring 8907.67, where a correction may happen. Then follows 8944.25, where a delay and correction could also be. Be there a strong impulse, we'd see 8988.72. Continuation would bring 9019.42.

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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