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Fxtechtrade

Wed, Nov 21 2007, 06:03 GMT
by Nikolajs Serikovs

FXtechtrade  |  View company's profile


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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): 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) :75.96,76.64, 77.43, 78.62, 79.31, 81.00 и 82.77. Then 85.02, 86.37, 89.21, 91.13, 92.38  and  93.60 (published on July 25, 2007). Next levels -95.73, 98.21, 99.45, 101.48 and 102.27(added on October 30, 2007).

EUR/USD

Today’s support: - 1.4794 and 1.4768(main), where correction is possible.Break would give 1.4740, where correction also may be. Then  1.4718. Break of the latter would result in 1.4696. If a strong impulse, we would see 1.4678. Continuation will give 1.4646.
Today’s resistance: - 1.4884 and 1.4920(main). Break would give 1.4951, where a correction is possible. Then 1.4973. Break of the latter would result in 1.4994. If a strong impulse, we’d see 1.5008. Continuation will give 1.5026.

USD/JPY

Today’s support: - 108.64, 108.46 and 108.30(main). Break would bring 108.03, where correction is possible. Then 107.76. If a strong impulse, we would see 107.52. Continuation would give 107.29.
Today’s resistance: - 109.38 and 109.71(main), where a correction may happen. Break would bring 109.86, where also a correction may be. Then 110.14. If a strong impulse, we would see 110.36. Continuation will give 110.62.

DOW JONES INDEX

Today’s support: - 12 982.10, 12 954.38, 12 926.23 and 12 903.75 (main), where a delay and correction may happen. Break of the latter will give 12 870.03, where correction also can be. Then 12 858.70. Be there a strong impulse, we would see 12 846.09. Continuation will bring 12 813.80 and 12 791.30.
Today’s resistance: - 13 061.28(main), where a a delay and correction may happen.Break would bring 13 094.29, where a correction may happen.Then 13 117.20, where a delay and correction could also be. Be there a strong impulse, we’d see 13 137.19. Continuation would bring 13 162.85.

Published on  Wed, Nov 21 2007, 06:04 GMT


FXtechtrade http://www.fxtechtrade.com | vilks49@yahoo.com

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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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