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Fxtechtrade

Thu, Aug 28 2008, 03:31 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).
  
USD/CHF

Today’s support: -  1.0920, 1.0901 and 1.0884(main), where correction could happen. Break would give 1.0855, where a correction may happen. Then 1.0834. If a strong impulse, we would see 1.0818. Continuation will give 1.0800.
Today’s resistance: - 1.0972 and 1.0991(main)
, where a delay and correction may happen. Break would give 1.1024, where also could be a correction. Then 1.1050. If a strong impulse, we would see 1.1071. Continuation will give 1.1088.

GBP/USD

Today’s support: -  1.8293 and 1.8270 (main), where correction may happen. Break would present 1.8244, where a correction may also be. Then 1.8227. If a strong impulse, we would see 1.8205. Continuation will give 1.8194 and 1.8180.
Today’s resistance: - 1.8417 and 1.8430(main)
. Break would give 1.8453, where a correction may be. Then 1.8471. Break of the latter would give 1.8496.  If a strong impulse, we would see 1.8516. Continuation will bring 1.8530.

DOW JONES INDEX

Today’s support: - 11 430.10, 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: - 11 545.20(main), where a delay and correction may happen. Break would bring 11 576.26, where a correction may happen. Then follows 11 600.00, where a delay and correction could also be. Be there a strong impulse, we’d see 11 618.44. Continuation would bring 11 643.72.


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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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