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Fxtechtrade

Thu, Jul 3 2008, 08:32 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 and 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 and 11 864.53. Break of the latter will lead to 11 694.36, 11 593.13, 11 328.75 and 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 and 50.36. Next levels - 48.32, 46.80 and 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). Continuation will bring 132.73, 135.08, 139.92, 141.46 and 144.00( added on May 12, 2008).
   
EUR/USD

Today’s support: -  1.5843, 1.5825 and 1.5814(main), where correction is possible. Break would give  1.5793, where correction also may be. Then follows 1.5772. Break of the latter would result in 1.5747. If a strong impulse, we would see 1.5720. Continuation will give 1.5696.
Today’s resistance:  - 1.5895(main). Break would give 1.5916, where a correction is possible. Then goes 1.5933. Break of the latter would result in 1.5952. If a strong impulse, we’d see 1.5998. Continuation will give 1.6022.

USD/JPY

Today’s support: - 105.94 and 105.72(main). Break would bring 105.53, where correction is possible. Then 105.24. If a strong impulse, we would see 105.05. Continuation would give 104.74 and 104.51.
Today’s resistance: - 106.46 and 106.67(main), where a correction may happen. Break would bring 107.04, where also a correction may be. Then 107.33. If a strong impulse, we would see 107.56. Continuation will give 107.81.

DOW JONES INDEX

Today’s support: - 11 296.40,  11 272.54 and 11 244.37(main),
where a delay and correction may happen. Break of the latter will give 11 218.00, where correction also can be. Then follows 11 193.72. Be there a strong impulse, we would see 11 162.60. Continuation will bring  11 138.20.
Today’s resistance: - 11 418.80 and 11 441.26(main), where a delay and correction may happen. Break would bring 11 463.66, where a correction may happen. Then follows 11 497.50, where a delay and correction could also be. Be there a strong impulse, we’d see 11 522.77. Continuation would bring 11 565.00 and 11 621.20.


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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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