Economic Calendar

Tuesday, December 2, 2008

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Dec 02 08 08:17 GMT |

EUR/USD

Today's support: - 1.2572(main), where correction is possible. Break would give 1.2544, where correction also may be. Then follows 1.2506. Break of the latter would result in 1.2477. If a strong impulse, we would see 1.2454. Continuation will give 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: - 92.53, 92.14 and 91.80(main). Break would bring 91.60, where correction is possible. Then 91.36. If a strong impulse, we would see 91.07. Continuation would give 90.90.

Today's resistance: - 93.88 and 94.17(main), where a correction may happen. Break would bring 4.33, where also a correction may be. Then 94.52. If a strong impulse, we would see 94.84. Continuation will give 95.43 and 95.84.

DOW JONES INDEX

Today's support: - 8323.60 and 8302.44(main), where a delay and correction may happen. Break of the latter will give 8256.40, where correction also can be. Then follows 8224.72. Be there a strong impulse, we would see 8190.14. Continuation will bring 8156.20 and 8100.13.

Today's resistance: - 8481.30 and 8519.25(main), where a delay and correction may happen. Break would bring 8533.10, where a correction may happen. Then follows 8556.61, where a delay and correction could also be. Be there a strong impulse, we'd see 8589.40. Continuation would bring 8628.73 and 8642.68

FXtechtrade
http://www.fxtechtrade.com

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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