Technicals

April 22, 2008

GMT 03:21

EUR/USD

Todays support: - 1.5868, 1.5840 and 1.5826 (main), where correction is possible.Break would give 1.5806, where correction also may be. Then 1.5792. Break of the latter would result in 1.5761. If a strong impulse, we would see 1.5732. Continuation will give 1.5717.

Todays resistance: - 1.5932 and 1.5953(main). Break would give 1.5974, where a correction is possible.Then 1.6008. Break of the latter would result in 1.6021. If a strong impulse, wed see 1.6044. Continuation will give 1.6070.

USD/JPY

Todays support: - 102.64 (main). Break would bring 102.27, where correction is possible. Then 101.88. If a strong impulse, we would see 101.59. Continuation would give 101.20.

Todays resistance: - 103.40 and 103.61 (main), where a correction may happen. Break would bring 103.82, where also a correction may be. Then 104.06. If a strong impulse, we would see 104.27. Continuation will give 104.50 and 104.67.

DOW JONES INDEX

Todays support: - 12 802.50, 12 778.24 and 12 756.80 (main), where a delay and correction may happen. Break of the latter will give 12 729.38, where correction also can be. Then 12 706.17. Be there a strong impulse, we would see 12 690.35. Continuation will bring 12 679.45 and 12 656.22.

Todays resistance: - 12 870.00, 12 915.14, 12 941.72 and 12 965.63 (main), where a a delay and correction may happen.Break would bring 12 990.93, where a correction may happen.Then 13 013.44, where a delay and correction could also be. Be there a strong impulse, wed see 13 055.62. Continuation would bring 13 082.34 and 13 094.66.