Forex and Dow Jones recommended levels

April 26, 2011 12:56 AM GMT

April 26, 2011

GMT 00:35

EUR/USD

Today's support: - 1.4490(main), where correction is possible. Break would give 1.4476, where correction also may be. Then follows 1.4447. Break of the latter would result in 1.4425. If a strong impulse, we would see 1.4396. Continuation will give 1.4377.
Today's resistance: - 1.4617(main). Break would give 1.4632, where a correction is possible. Then goes 1.4650. Break of the latter would result in 1.4681. If a strong impulse, we'd see 1.4704. Continuation will give 1.4731 and 1.4760.

USD/JPY

Today's support: - 81.43(main). Break would bring 81.20 where correction is possible. Then 81.03, where a correction may also happen. Break of the latter will give 80.82. If a strong impulse, we would see 80.57. Continuation would give 80.23
Today's resistance: - 82.57(main), where a correction may happen. Break would bring 82.84, where also a correction may be. Then 83.03. If a strong impulse, we would see 83.28. Continuation will give 83.65.

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DOW JONES INDEX

Today's support: - 12374.80, 12338.27, 12285.06 and 12197.14(main), where a delay and correction may happen. Break of the latter will give 12150.26, where correction also can be. Then follows 12109.40. Be there a strong impulse, we shall see 12071.26. Continuation will bring 12034.40.
Today's resistance: - 12508.37 and 12532.50(main), where a delay and correction may happen. Break would bring 12556.42, where a correction may happen. Then follows 12575.50, where a delay and correction could also be. Be there a strong impulse, we'd see 12605.63. Continuation would bring 12626.12 and 12655.22.

This article is contributed by www.fxtechtrade.com and does not represent the views or opinions of International Business Times.
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News From Forex

Majors Daily Forecast 23 May 2012

EUR/USD Sell at 1.2685 SL 1.2717 TP 1.2608 USD/JPY Sell at 79.84 SL 80.16 TP 79.12 GBP/USD Sell at 1.5767 SL 1.5799 TP 1.5679 USD/CHF Buy at 0.9467 SL 0.9435 TP 0.

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