Economic Calendar

Wednesday, June 3, 2009

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Jun 03 09 04:04 GMT |

EUR/USD

Today's support: - 1.4262 and 1.4221(main), where correction is possible. Break would give 1.4196, where correction also may be. Then follows 1.4148. Break of the latter would result in 1.4124. If a strong impulse, we would see 1.4108. Continuation will give 1.4096.

Today's resistance: - 1.4332, 1.4344 and 1.4375(main). Break would give 1.4400, where a correction is possible. Then goes 1.4426. Break of the latter would result in 1.4455. If a strong impulse, we'd see 1.4478. Continuation will give 1.4504 and 1.4526.

USD/JPY

Today's support: - 95.40 and 95.25(main). Break would bring 95.11, where correction is possible. Then 94.86, where a correction may also happen. Break of the latter will give 94.50. If a strong impulse, we would see 94.35. Continuation would give 94.02.

Today's resistance: - 96.18, 96.55, 96.98 and 97.34(main), where a correction may happen. Break would bring 97.71, where also a correction may be. Then 97.98. If a strong impulse, we would see 98.10. Continuation will give 98.27.

DOW JONES INDEX

Today's support: - 8634.17 and 8561.40(main), where a delay and correction may happen. Break of the latter will give 8495.80, where correction also can be. Then follows 8463.00. Be there a strong impulse, we would see 8426.22. Continuation will bring 8392.44.

Today's resistance: - 8808.80 and 8834.25(main), where a delay and correction may happen. Break would bring 8858.37, where a correction may happen. Then follows 8887.46, where a delay and correction could also be. Be there a strong impulse, we'd see 8910.00. Continuation would bring 8927.28.

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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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