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Fxtechtrade

Fri, Oct 10 2008, 03:26 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)
: 10 091.30, 10 935.23, 11 164.57, 344.92 and 11 520.30. Then 11 749.22, 11 970.00, 12 152.82, 12 600.24, 12 982.20, 13 162.50 and 13 320.00.   Break of the latter will lead to 13 567.60, 13 668.74 and 13 792.53 (published on October 10, 2008).
Support(daily close): 8403.77, 8257.46, 8100.00 and 7920.08. Then 7695.13, 7464.38, 7290.20 and 7177.50. Break of the latter will lead to 7020.34, 6817.50, 6783.72, 6660.11 and 6484.2220 (published on October 10, 2008).

Light Crude :
Support (daily close): 87.20, 82.84, 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: - 1.3533(main), where correction is possible. Break would give  1.3517, where correction also may be. Then follows 1.3500. Break of the latter would result in 1.3483. If a strong impulse, we would see 1.3450. Continuation will give 1.3435 and 1.3410.
Today’s resistance:  - 1.3694 and 1.3728(main). Break would give 1.3770, where a correction is possible. Then goes 1.3789. Break of the latter would result in 1.3820. If a strong impulse, we’d see 1.3847. Continuation will give 1.3864 and 1.3905.

USD/JPY

Today’s support: - 98.55 and 98.10(main). Break would bring 97.93, where correction is possible. Then 97.62. If a strong impulse, we would see 97.44. Continuation would give 97.20 and 97.06.
Today’s resistance: - 100.80, 101.17, 101.46 and 101.70(main), where a correction may happen. Break would bring 102.13, where also a correction may be. Then 102.46. If a strong impulse, we would see 102.62. Continuation will give 102.94 and 103.25.

DOW JONES INDEX

Today’s support: - 8550.00 and 8505.06(main),
where a delay and correction may happen. Break of the latter will give 8454.34, where correction also can be. Then follows 8403.70. Be there a strong impulse, we would see 8347.60. Continuation will bring  8302.50 and 8274.37.
Today’s resistance: - 8741.24 and 8786.30(main), where a delay and correction may happen. Break would bring 8831.26, where a correction may happen. Then follows 8865.00, where a delay and correction could also be. Be there a strong impulse, we’d see 8904.37. Continuation would bring 8960.63 and 9005.42.


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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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