Fxtechtrade

Forex and Dow Jones recommended levels

01 May 2008 @ 10:08 pm EDT

May 02, 2008

GMT 02:00

EUR/USD

Today’s support: - 1.5412(main), where correction is possible. Break would give 1.5390, where correction also may be. Then follows 1.5364. Break of the latter would result in 1.5339. If a strong impulse, we would see 1.5314. Continuation will give 1.5288.

Today’s resistance: - 1.5502 and 1.5528(main). Break would give 1.5559, where a correction is possible. Then goes 1.5581. Break of the latter would result in 1.5614. If a strong impulse, we’d see 1.5640. Continuation will give 1.5658 and 1.5681.

USD/JPY

Today’s support: - 104.17, 103.80, 103.61 and 103.47 (main). Break would bring 103.16, where correction is possible. Then 102.80. If a strong impulse, we would see 102.64. Continuation would give 102.48.

Today’s resistance: - 104.95 and 105.19(main), where a correction may happen. Break would bring 105.28, where also a correction may be. Then 105.56. If a strong impulse, we would see 105.85. Continuation will give 106.02 and 106.26.

DOW JONES INDEX

Today’s support: - 12 960.11 and 12 945.94(main), where a delay and correction may happen. Break of the latter will give 12 915.00, where correction also can be. Then follows 12 892.46. Be there a strong impulse, we would see 12 870.33. Continuation will bring 12 853.13.

Today’s resistance: - 13 038.7414 and 13 061.26(main), where a delay and correction may happen. Break would bring 13 084.00, where a correction may happen. Then follows 13 117.50, where a delay and correction could also be. Be there a strong impulse, we’d see 13 142.81. Continuation would bring 13 160.00.

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