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Fxtechtrade

Wed, Aug 27 2008, 02:41 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)
: 11 520.30, 11 749.22, 11 970.00, 12 152.82, 12 600.24, 12 982.20, 13 162.50 and 13 320.00. Then 13 567.60, 13 668.74 и 13 792.53.   Break of the latter will lead to 13 972.50, 14 045.62, 14 124.38 and 14 225.63 (published on July 14, 2008).
Support(daily close): 11 036.25, 10 980.00, 10 930.78, 10 800.00 and 10 718.45. Then 10 535.60, 10 428.80, 10 313.44, 10 125.00 and 10 046.30. Break of the latter will lead to 9990.00, 9911.25, 9722.70, 9360.11, 9084.30 and 8910.20 (published on July 14, 2008).

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).
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: - 1.4625 and 1.4600 (main), where correction is possible. Break would give  1.4584, where correction also may be. Then follows 1.4568. Break of the latter would result in 1.4545. If a strong impulse, we would see 1.4529. Continuation will give 1.4501 and 1.4480.
Today’s resistance:  - 1.4738, 1.4762, 1.4794 and 1.4808(main). Break would give 1.4833, where a correction is possible. Then goes 1.4852. Break of the latter would result in 1.4873. If a strong impulse, we’d see 1.4887. Continuation will give 1.4903.

EUR/JPY

Today’s support: - 160.20 and 159.83(main). Break would bring 159.67, where a correction may be. Then 159.48. If a strong impulse, we would see 159.30. Continuation will bring 159.16 and 158.93.
Today’s resistance: - 161.13 and 161.36(main). Break would result in 161.57, where a correction is possible. Then 161.78. If a strong impulse, we would see 162.07. Continuation will give 162.23.

DOW JONES INDEX

Today’s support: - 11 363.00 and 11 336.47(main),
where a delay and correction may happen. Break of the latter will give 11 317.47, where correction also can be. Then follows 11 283.74. Be there a strong impulse, we would see 11 261.20. Continuation will bring  11 238.40.
Today’s resistance: - 11 441.26 (main), where a delay and correction may happen. Break would bring 11 469.38, where a correction may happen. Then follows 11 497.46, where a delay and correction could also be. Be there a strong impulse, we’d see 11 523.50. Continuation would bring 11 545.20.


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FXtechtrade  | Riga, Republic of Latvia
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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