Daily Forex and Dow Jones Recommended Levels

Fxtechtrade

Mon, Mar 17 2008, 04:53 GMT
by Nikolajs Serikovs

FXtechtrade

Several words about the EUR/USD future.
Resistance (daily close) : 1.4692 and 1.4884. Then 1.5117, 1.5386, 1.5592 and 1.5660. Break of the letter will lead to 1.5865, 1.7280 и 1.9430.
Support (daily close) : : 1.4366, 1.3972, 1.3770 and 1.3567. Then 1.3411, 1.3263, 1.3106 and 1.2964 (published on 07.11.2007).

Dow Jones :
Resistance(daily close) : 13 567.60, 13 668.74 and 13 792.53. Then 13 972.50, 14 045.62, 14 124.38 and 14 225.63. Break of the latter will lead to 14 298.75, 14 414.06, 14 501.28 и 14 578.94.
Support(daily close): 13 395.94, 13 162.60, 13 038.74 and 12 937.40. Then 12 743.40, 12 652.03, 12 506.84, 12 397.40, 12 214.70, 12 116.25, 12 048.05, 11 913.40 и 11 864.53. Break of the latter will lead to 11 694.36, 11 593.13, 11 328.75 и 11 131.87 (published on May 18, 2007).

Light Crude :
Support (daily close): 87.20, 84.94, 80.43, 71.88, 70.43, 68.06, 66.30, 64.66, 62.33 and 60.97. Then follow 58.27, 57.62, 56.47, 54.34, 52.20 и 50.36. Next levels - 48.32, 46.80 и 45.06.
Resistance(daily close) :95.73, 98.21, 99.45, 101.48 and 102.27 (published on October 30, 2007). Next levels 103.73, 105.32, 106.54, 109.35, 112.56 and 117.28. Then follow 121.50, 124.03 and 126.56 (added on February 29, 2008).

EUR/USD

Today’s support: - 1.5816 and 1.5780(main), where correction is possible.Break would give 1.8753, where correction also may be. Then 1.5730. Break of the latter would result in 1.5717. If a strong impulse, we would see 1.5690. Continuation will give 1.5679 and 1.5760.
Today’s resistance: - 1.5919 and 1.5934(main). Break would give 1.5951, where a correction is possible. Then 1.5970. Break of the latter would result in 1.5996. If a strong impulse, we’d see 1.6015. Continuation will give 1.6036.

USD/JPY

Today’s support: - 96.03 and 95.62(main). Break would bring 95.38, where correction is possible. Then 95.14. If a strong impulse, we would see 94.88. Continuation would give 94.64 and 94.50.
Today’s resistance: - 97.34 and 97.55(main), where a correction may happen. Break would bring 97.73, where also a correction may be. Then 97.97. If a strong impulse, we would see 98.23. Continuation will give 98.44.

DOW JONES INDEX

Today’s support: - 11 880.00 and 11 854.62(main), where a delay and correction may happen. Break of the latter will give 11 823.72, where correction also can be. Then 11 785.78. Be there a strong impulse, we would see 11 756.95. Continuation will bring 11 736.53.
Today’s resistance: - 11 998.13 and 12 020.63(main), where a a delay and correction may happen.Break would bring 12 071.22, where a correction may happen.Then 12 110.63, where a delay and correction could also be. Be there a strong impulse, we’d see 12 138.77. Continuation would bring 12 165.30 and 12 183.68.