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Daily Forex and Dow Jones Recommended Levels

Fri, Nov 20 2009, 05:59 GMT
by Nikolajs Serikovs

FXtechtrade


Several words about the EUR/USD future.
Resistance (daily close) :  1.3182, 1.3364, 1.3590 and 1.3778. After that 1.3958, 1.4186 and 1.4400. Break of the latter will give  1.4490, 1.4692 и 1.4884. Then 1.5117, 1.5386, 1.5592 и 1.5660. Break of 1.5660 would lead to  1.5865, 1.7280 и 1.9430(published on 23.10.2008).
Support (daily close) : 1.2610, 1.2428 and 1.2246. Then 1.2128, 1.1970, 1.1838 and 1.1700. Break of the latter would give 1.1533, 1.1352 and 1.1181(published оn 23.10.2008).

Dow Jones :
Resistance(daily close) : 9382.12, 9744.26, 10 091.30, 10 935.23, 11 164.57, 344.92 and 11 520.30. Then 11 749.22, 11 970.00, 12 152.82, 12 600.24, 12 982.20, 13 162.50 and 13 320.00.   Break of the latter will lead to 13 567.60, 13 668.74 and 13 792.53 (published on October 21, 2008).
Support (daily close):  9630.33 and 9358.35(main), 9090.00, 8912.62 (published on November 10, 2009).

Light Crude :
Support (daily close): 39.36, 34.88, 31.28, 23.17, 19.57, 15.10, 11.70, 9.64, 8.11 and 6.98(published on December 07, 2008).
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). Continuation will bring 132.73, 135.08, 139.92, 141.46 and 144.00( added on May 12, 2008).
Next levels : 149.06, 151.88, 154.13, 157.36, 159.46, 162.00, 169.87 and 172.13(added on July 04, 2008).

EUR/USD

Today’s support: - 1.4870, 1.4852 and 1.4826(main), where correction is possible. Break would give  1.4813, where correction also may be. Then follows 1.4786. Break of the latter would result in 1.4760. If a strong impulse, we would see 1.4736. Continuation will give 1.4714.  
Today’s resistance:  - 1.4954, 1.4982 and 1.5017(main). Break would give 1.5038, where a correction is possible. Then goes 1.5055. Break of the latter would result in 1.5076. If a strong impulse, we’d see  1.5109. Continuation will give 1.5131.

USD/JPY

Today’s support: - 88.52(main). Break would bring 88.28, where correction is possible. Then 88.11, where a correction may also happen. Break of the latter will give 88.03. If a strong impulse, we would see 87.77. Continuation would give 87.55.
Today’s resistance: - 89.35, 89.67 and 90.04(main), where a correction may happen. Break would bring 90.22, where also a correction may be. Then 90.58. If a strong impulse, we would see 90.97. Continuation will give 91.42.

DOW JONES INDEX

Today’s support: - 10271.18 and 10248.70(main), where a delay and correction may happen. Break of the latter will give 10222.26, where correction also can be. Then follows 10192.47.  Be there a strong impulse, we would see 10175.60. Continuation will bring  10157.80.
Today’s resistance: - 10372.46, 10423.13, 10458.03 and 10486.40(main), where a delay and correction may happen. Break would bring 10528.42, where a correction may happen. Then follows 10552.47, where a delay and correction could also be. Be there a strong impulse, we’d see 10575.12. Continuation would bring 10601.71 and 10620.00.

FXtechtrade  | Riga, Republic of Latvia
http://www.fxtechtrade.com | vilks49@yahoo.com

Legal disclaimer and risk disclosure

Any information presented by Nikolajs Serikovs at this very website should be in no way understood as an offer, promise or guarantee for receiving a profit or avoiding the losses. Stated here levels of support and resistance must not be construed as an investment advice or endorsement for any financial instrument. There exists no guarantee that the market would behave in accordance with the information stated here Prepared in Republic of Latvia for the worldwide distribution.

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