Economic Calendar

Wednesday, April 29, 2009

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Apr 29 09 07:07 GMT |

EUR/USD

Today's support: - 1.3140, 1.3092 and 1.3050(main), where correction is possible. Break would give 1.3004, where correction also may be. Then follows 1.2980. Break of the latter would result in 1.2957. If a strong impulse, we would see 1.2917. Continuation will give 1.2882.

Today's resistance: - 1.3230(main). Break would give 1.3262, where a correction is possible. Then goes 1.3297. Break of the latter would result in 1.3316. If a strong impulse, we'd see 1.3343. Continuation will give 1.3364.

USD/JPY

Today's support: - 96.30(main). Break would bring 96.01, where correction is possible. Then 95.86, where a correction may also happen. Break of the latter will give 95.64. If a strong impulse, we would see 95.40. Continuation would give 95.18.

Today's resistance: - 97.26 and 97.43(main), where a correction may happen. Break would bring 97.87, where also a correction may be. Then 98.12. If a strong impulse, we would see 98.44. Continuation will give 98.57.

DOW JONES INDEX

Today's support: - 7987.50(main), where a delay and correction may happen. Break of the latter will give 7959.37, where correction also can be. Then follows 7922.80. Be there a strong impulse, we would see 7900.20. Continuation will bring 7871.40.

Today's resistance: - 8087.90 and 8123.46(main), where a delay and correction may happen. Break would bring 8150.62, where a correction may happen. Then follows 8173.13, where a delay and correction could also be. Be there a strong impulse, we'd see 8195.62. Continuation would bring 8246.30 and 8280.00.

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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