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Technicals

Forex and Dow Jones recommended levels

Fxtechtrade
07 Sep, 2008 @ 10:41 pm EST
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September 08, 2008

GMT 02:35

EUR/USD

Todays support: - 1.4363 and 1.4298 (main), where correction is possible. Break would give 1.4274, where correction also may be. Then follows 1.4242. Break of the latter would result in 1.4223. If a strong impulse, we would see 1.4197. Continuation will give 1.4152

Todays resistance: - 1.4423(main). Break would give 1.4434, where a correction is possible. Then goes 1.4450. Break of the latter would result in 1.4476. If a strong impulse, wed see 1.4501. Continuation will give 1.4533 and 1.4554.

USD/JPY

Todays support: - 107.83 and 107.52(main). Break would bring 107.36, where correction is possible. Then 107.10. If a strong impulse, we would see 106.88. Continuation would give 106.56 and 106.20.

Todays resistance: - 109.13(main), where a correction may happen. Break would bring 109.34, where also a correction may be. Then 109.58. If a strong impulse, we would see 109.83 Continuation will give 110.06 and 110.30.

DOW JONES INDEX

Todays support: - 11 176.86, 11 149.03 and 11 126.20(main), where a delay and correction may happen. Break of the latter will give 11 114.65, where correction also can be. Then follows 11 086.88. Be there a strong impulse, we would see 11 058.77. Continuation will bring 11 036.25 and 10 985.63.

Todays resistance: - 11 263.27, 11 295.00 and 11 351.31(main), where a delay and correction may happen. Break would bring 11 364.00, where a correction may happen. Then follows 11 396.26, where a delay and correction could also be. Be there a strong impulse, wed see 11 418.73. Continuation would bring 11 430.00.

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