Forex and Dow Jones recommended levels

Published 04/17/2008, 08:00 PM
April 18, 2008

GMT  05:23

EUR/USD

Today’s support: - 1.5873(main)

, where correction is possible.Break would give 1.5844, where correction also may be. Then 1.5815. Break of the latter would result in 1.5797. If a strong impulse, we would see 1.5774. Continuation will give 1.5753.
Today’s resistance: -  1.5952, 1.5964 and 1.5996(main). Break would give 1.6010, where a correction is possible.Then 1.6031. Break of the latter would result in 1.6047. If a strong impulse, we’d see 1.6068. Continuation will give 1.6082 and 1.6100.

USD/JPY

Today’s support: - 102.15(main)
. Break would bring 101.94, where correction is possible. Then 101.65. If a strong impulse, we would see 101.48. Continuation would give 101.26.
Today’s resistance: - 102.84 and 103.05(main), where a correction may happen. Break would bring 103.28, where also a correction may be. Then 103.55. If a strong impulse, we would see 103.78. Continuation will give 104.02.

DOW JONES INDEX

Today’s support: - 12 573.28, 12 532.46 and 12 504.38(main),
where a delay and correction may happen. Break of the latter will give 12 477.66, where correction also can be. Then 12 443.00. Be there a strong impulse, we would see 12 425.63. Continuation will bring 12 403.13 and 12 353.32.
Today’s resistance: - 12 641.25 and 12 678.70(main), where a a delay and correction may happen.Break would bring 12 712.40, where a correction may happen.Then 12 737.80, where a delay and correction could also be. Be there a strong impulse, we’d see 12 758.20. Continuation would bring 12 777.19.

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