Forex and Dow Jones recommended levels

By @ibtimes on

May 12, 2011

GMT 00:22

EUR/USD

Today's support: - 1.4118(main), where correction is possible. Break would give 1.4094, where correction also may be. Then follows 1.4063. Break of the latter would result in 1.4042. If a strong impulse, we would see 1.4018. Continuation will give 1.3992 and 1.3974.
Today's resistance: - 1.4310(main). Break would give 1.4344, where a correction is possible. Then goes 1.4376. Break of the latter would result in 1.4402. If a strong impulse, we'd see 1.4457. Continuation will give 1.4480.

USD/JPY

Today's support: - 80.46, 80.12, 79.96 and 79.59(main). Break would bring 79.42, where correction is possible. Then 79.20, where a correction may also happen. Break of the latter will give 78.96. If a strong impulse, we would see 78.58. Continuation would give 78.31.
Today's resistance: - 81.36(main), where a correction may happen. Break would bring 81.68, where also a correction may be. Then 81.96. If a strong impulse, we would see 82.34. Continuation will give 82.57.

DOW JONES INDEX

Today's support: - 12556.47 and 12476.20(main), where a delay and correction may happen. Break of the latter will give 12454.73, where correction also can be. Then follows 12431.20. Be there a strong impulse, we shall see 12374.80. Continuation will bring 12350.50 and 12326.27.
Today's resistance: - 12657.70, 12690.00, 12748.50 and 12780.00(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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