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Forex and Dow Jones recommended levels

Published 08/07/2008, 08:00 PM
August 08, 2008

GMT  04:44

EUR/USD

Today’s support: - 1.5174 and 1.5120 (main)

, where correction is possible. Break would give  1.5109, where correction also may be. Then follows 1.5084. Break of the latter would result in 1.5072. If a strong impulse, we would see 1.5053. Continuation will give 1.5033 and 1.5010.
Today’s resistance:  - 1.5266 and 1.5289 (main). Break would give 1.5321, where a correction is possible. Then goes 1.5344. Break of the latter would result in 1.5368. If a strong impulse, we’d see 1.5392. Continuation will give 1.5434 and 1.5477.

USD/JPY

Today’s support: - 109.07, 108.84 and 108.70(main). Break would bring 108.56, where correction is possible. Then 108.28. If a strong impulse, we would see 108.06. Continuation would give 107.53 and 107.30.
Today’s resistance: - 110.14 and 110.36(main), where a correction may happen. Break would bring 110.67, where also a correction may be. Then 110.93. If a strong impulse, we would see 111.16. Continuation will give 111.37 and 111.62.

DOW JONES INDEX

Today’s support: - 11 393.44 and 11 351.28(main),
where a delay and correction may happen. Break of the latter will give 11 325.75, where correction also can be. Then follows 11 306.22. Be there a strong impulse, we would see 11 289.37. Continuation will bring  11 260.00 and 11 238.82.
Today’s resistance: -  11 477.74 and 11 517.10(main), where a delay and correction may happen. Break would bring 11 548.13, where a correction may happen. Then follows 11 576.11, where a delay and correction could also be. Be there a strong impulse, we’d see 11 610.00. Continuation would bring 11 643.75 and 11 697.88.

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