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Fxtechtrade

Mon, Sep 8 2008, 02:48 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: - 1.4363 and 1.4298 (main), where correction is possible. Break would give  1.4274, where correction also may be. Then follows 1.4242. Break of the latter would result in 1.4223. If a strong impulse, we would see 1.4197. Continuation will give 1.4152
Today’s resistance:  - 1.4423(main). Break would give 1.4434, where a correction is possible. Then goes 1.4450. Break of the latter would result in 1.4476. If a strong impulse, we’d see 1.4501. Continuation will give 1.4533 and 1.4554.

USD/JPY

Today’s support: - 107.83 and 107.52(main). Break would bring 107.36, where correction is possible. Then 107.10. If a strong impulse, we would see 106.88. Continuation would give 106.56 and 106.20.
Today’s resistance: - 109.13(main), where a correction may happen. Break would bring 109.34, where also a correction may be. Then 109.58. If a strong impulse, we would see 109.83 Continuation will give 110.06 and 110.30.

DOW JONES INDEX

Today’s support: - 11 176.86, 11 149.03 and 11 126.20(main),
where a delay and correction may happen. Break of the latter will give 11 114.65, where correction also can be. Then follows 11 086.88. Be there a strong impulse, we would see 11 058.77. Continuation will bring  11 036.25 and 10 985.63.
Today’s resistance: - 11 263.27, 11 295.00 and 11 351.31(main), where a delay and correction may happen. Break would bring 11 364.00, where a correction may happen. Then follows 11 396.26, where a delay and correction could also be. Be there a strong impulse, we’d see 11 418.73. Continuation would bring 11 430.00.


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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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