Economic Calendar

Tuesday, November 10, 2009

Forex and Dow Jones Recommended Levels

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Daily Forex Technicals | Written by FXtechtrade | Nov 10 09 09:19 GMT |

EUR/USD

Today's support: - 1.4929(main), where correction is possible. Break would give 1.4892, where correction also may be. Then follows 1.4864. Break of the latter would result in 1.4845. If a strong impulse, we would see 1.4827. Continuation will give 1.4802.

Today's resistance: - 1.5038 and 1.5055(main). Break would give 1.5076, where a correction is possible. Then goes 1.5118. Break of the latter would result in 1.5140. If a strong impulse, we'd see 1.5168. Continuation will give 1.5184 and 1.5207.

USD/JPY

Today's support: - 89.33(main). Break would bring 89.12, where correction is possible. Then 88.78, where a correction may also happen. Break of the latter will give 88.52. If a strong impulse, we would see 88.21. Continuation would give 88.03 and 87.77.

Today's resistance: - 90.58, 90.79, 90.97 and 91.42(main), where a correction may happen. Break would bring 91.80, where also a correction may be. Then 92.07. If a strong impulse, we would see 92.28. Continuation will give 92.44.

DOW JONES INDEX

Today's support: - 10119.38 and 10068.72(main), where a delay and correction may happen. Break of the latter will give 10040.57, where correction also can be. Then follows 10016.12. Be there a strong impulse, we would see 9987.19. Continuation will bring 9954.84 and 9934.00.

Today's resistance: - 10242.11 and 10262.62(main), where a delay and correction may happen. Break would bring 10297.75, where a correction may happen. Then follows 10316.24, where a delay and correction could also be. Be there a strong impulse, we'd see 10338.66. Continuation would bring 10362.18.

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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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