Economic Calendar

Friday, February 20, 2009

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Feb 20 09 10:40 GMT |

EUR/USD

Today's support: - 1.2548 and 1.2506(main), where correction is possible. Break would give 1.2480, where correction also may be. Then follows 1.2465. Break of the latter would result in 1.2443. If a strong impulse, we would see 1.2426. Continuation will give 1.2403.

Today's resistance: - 1.2656 and 1.2693(main). Break would give 1.2732, where a correction is possible. Then goes 1.2757. Break of the latter would result in 1.2781. If a strong impulse, we'd see 1.2826. Continuation will give 1.2863.

USD/JPY

Today's support: - 93.15 and 92.86(main). Break would bring 92.72, where correction is possible. Then 92.48. If a strong impulse, we would see 92.18. Continuation would give 91.87.

Today's resistance: - 94.06(main), where a correction may happen. Break would bring 94.25, where also a correction may be. Then 94.46. If a strong impulse, we would see 94.70. Continuation will give 94.93, 95.17 and 95.38.

DOW JONES INDEX

Today's support: - 7436.30(main), where a delay and correction may happen. Break of the latter will give 7412.75, where correction also can be. Then follows 7385.62. Be there a strong impulse, we would see 7364.14. Continuation will bring 7314.10 and 7292.32.

Today's resistance: - 7650.00(main), where a delay and correction may happen. Break would bring 7592.67 and 7738.20, where a correction may happen. Then follows 7616.23, where a delay and correction could also be. Be there a strong impulse, we'd see 7644.36. Continuation would bring 7695.80, 7715.42 and 7738.26

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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