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Technicals

Forex and Dow Jones recommended levels

Fxtechtrade
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25 July 2008 @ 12:03 am EST
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July 25, 2008

GMT 04:56

EUR/USD

Todays support: - 1.5660, 1.5643 and 1.5612 (main), where correction is possible. Break would give 1.5594, where correction also may be. Then follows 1.5568. Break of the latter would result in 1.5546. If a strong impulse, we would see 1.5527. Continuation will give 1.5514 and 1.5487.

Todays resistance: - 1.5715, 1.5731 and 1.5760 (main). Break would give 1.5782, where a correction is possible. Then goes 1.5805. Break of the latter would result in 1.5828. If a strong impulse, wed see 1.5851. Continuation will give 1.5874.

USD/JPY

Todays support: - 106.87 and 106.65(main). Break would bring 106.50, where correction is possible. Then 106.33. If a strong impulse, we would see 106.20. Continuation would give 106.04.

Todays resistance: - 107.33, 107.50, 107.88 and 108.11(main), where a correction may happen. Break would bring 108.26, where also a correction may be. Then 108.38. If a strong impulse, we would see 108.54. Continuation will give 108.73 and 108.90.

DOW JONES INDEX

Todays support: - 11 325.94(main), where a delay and correction may happen. Break of the latter will give 11 290.00, where correction also can be. Then follows 11 261.60. Be there a strong impulse, we would see 11 238.68. Continuation will bring 11 193.54 and 11 160.00.

Todays resistance: - 11 377.96 and 11 441.22(main), where a delay and correction may happen. Break would bring 11 478.00, where a correction may happen. Then follows 11 514.30, where a delay and correction could also be. Be there a strong impulse, wed see 11 542.40. Continuation would bring 11 576.23 and 11 610.00.

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