Economic Calendar

Wednesday, August 12, 2009

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Aug 12 09 03:06 GMT |

EUR/USD

Today's support: - 1.4110, 1.4086 and 1.4060(main), where correction is possible. Break would give 1.4040, where correction also may be. Then follows 1.4018. Break of the latter would result in 1.3994. If a strong impulse, we would see 1.3966. Continuation will give 1.3950.

Today's resistance: - 1.4186 and 1.4224(main). Break would give 1.4250, where a correction is possible. Then goes 1.4268. Break of the latter would result in 1.4285. If a strong impulse, we'd see 1.4298. Continuation will give 1.4312.

USD/JPY

Today's support: - 95.40 and 95.18(main). Break would bring 94.94, where correction is possible. Then 94.66, where a correction may also happen. Break of the latter will give 94.48. If a strong impulse, we would see 94.20. Continuation would give 94.02.

Today's resistance: - 96.13, 96.30 and 96.53(main), where a correction may happen. Break would bring 96.82, where also a correction may be. Then 97.04. If a strong impulse, we would see 97.25. Continuation will give 97.48 and 97.87.

DOW JONES INDEX

Today's support: - 9212.40 and 9202.50(main), where a delay and correction may happen. Break of the latter will give 9181.30, where correction also can be. Then follows 9154.46. Be there a strong impulse, we would see 9129.37. Continuation will bring 9113.50.

Today's resistance: - 9326.27, 9342.12 and 9360.00(main), where a delay and correction may happen. Break would bring 9387.72, where a correction may happen. Then follows 9413.44, where a delay and correction could also be. Be there a strong impulse, we'd see 9438.65. Continuation would bring 9450.00 and 9469.68.

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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