Forex and Dow Jones recommended levels

By @ibtimes on

May 03, 2011

GMT 01:32

EUR/USD

Today's support: - 1.4754, 1.4737, 1.4714 and 1.4667(main), where correction is possible. Break would give 1.4632, where correction also may be. Then follows 1.4601. Break of the latter would result in 1.4577. If a strong impulse, we would see 1.4533. Continuation will give 1.4490.
Today's resistance: - 1.4884, 1.4905 and 1.4936(main). Break would give 1.4955, where a correction is possible. Then goes 1.4982. Break of the latter would result in 1.5008. If a strong impulse, we'd see 1.5027. Continuation will give 1.5056 and 1.5084.

USD/JPY

Today's support: - 80.86(main). Break would bring 80.71, where correction is possible. Then 80.57, where a correction may also happen. Break of the latter will give 80.33. If a strong impulse, we would see 80.11. Continuation would give 79.96.
Today's resistance: - 81.68, 81.96, 82.34 and 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.

DOW JONES INDEX

Today's support: - 12730.32, 12701.23, 12678.72 and 12642.19(main), where a delay and correction may happen. Break of the latter will give 12603.52, where correction also can be. Then follows 12577.40. Be there a strong impulse, we shall see 12540.72. Continuation will bring 12503.38.
Today's resistance: - 12824.38(main), where a delay and correction may happen. Break would bring 12846.50, where a correction may happen. Then follows 12864.37, where a delay and correction could also be. Be there a strong impulse, we'd see 12891.50. Continuation would bring 12913.14 and 12953.40.

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