Economic Calendar

Tuesday, February 3, 2009

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Feb 03 09 03:27 GMT |

EUR/USD

Today's support: - 1.2780(main), where correction is possible. Break would give 1.2748, where correction also may be. Then follows 1.2729. Break of the latter would result in 1.2687. If a strong impulse, we would see 1.2668. Continuation will give 1.2642 and 1.2606.

Today's resistance: - 1.2938 and 1.2960 (main). Break would give 1.2978, where a correction is possible. Then goes 1.2994. Break of the latter would result in 1.3006. If a strong impulse, we'd see 1.3025. Continuation will give 1.3052 and 1.3064.

USD/JPY

Today's support: - 89.10, 88.60 and 88.42(main). Break would bring 88.22, where correction is possible. Then 87.98. If a strong impulse, we would see 87.75. Continuation would give 87.30 and 87.02.

Today's resistance: - 90.22, 90.47 and 90.92(main), where a correction may happen. Break would bring 91.13 and 91.46, where also a correction may be. Then 91.77. If a strong impulse, we would see 91.90. Continuation will give 92.18.

DOW JONES INDEX

Today's support: - 7920.00(main), where a delay and correction may happen. Break of the latter will give 7886.22, where correction also can be. Then follows 7860.72. Be there a strong impulse, we would see 7832.26. Continuation will bring 7782.18 and 7745.63.

Today's resistance: - 8052.19, 8077.50 and 8107.00(main), where a delay and correction may happen. Break would bring 8153.44, where a correction may happen. Then follows 8175.92, where a delay and correction could also be. Be there a strong impulse, we'd see 8201.27. Continuation would bring 8225.16 and 8274.38.

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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