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Daily Forex and Dow Jones Recommended Levels

Mon, Apr 6 2009, 05:06 GMT
by Nikolajs Serikovs

FXtechtrade  |  View company's profile


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Several words about the EUR/USD future.
Resistance (daily close)
:  1.3182, 1.3364, 1.3590 and 1.3778. After that 1.3958, 1.4186 and 1.4400. Break of the latter will give  1.4490, 1.4692 и 1.4884. Then 1.5117, 1.5386, 1.5592 и 1.5660. Break of 1.5660 would lead to  1.5865, 1.7280 и 1.9430(published on 23.10.2008).
Support (daily close) : 1.2610, 1.2428 and 1.2246. Then 1.2128, 1.1970, 1.1838 and 1.1700. Break of the latter would give 1.1533, 1.1352 and 1.1181(published оn 23.10.2008).

Dow Jones :
Resistance(daily close)
: 9382.12, 9744.26, 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 21, 2008).
Support (daily close):  8912.62, 8827.27, 8642.60, 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 6484.22 (published on October 21, 2008).

Light Crude :
Support (daily close): 39.36, 34.88, 31.28, 23.17, 19.57, 15.10, 11.70, 9.64, 8.11 and 6.98(published on December 07, 2008).
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: - 1.3522 and 1.3488(main), where correction is possible. Break would give  1.3463, where correction also may be. Then follows 1.3438. Break of the latter would result in 1.3410. If a strong impulse, we would see 1.3285. Continuation will give 1.3360 and 1.3327.  
Today’s resistance:  - 1.3601(main). Break would give 1.3619, where a correction is possible. Then goes 1.3642. Break of the latter would result in 1.3654. If a strong impulse, we’d see  1.3677. Continuation will give 1.3692.

USD/JPY

Today’s support: - 100.23 and 99.90(main)
. Break would bring 99.70, where correction is possible. Then 99.43, where a correction may also happen. Break of the latter will give 99.18. If a strong impulse, we would see 98.86. Continuation would give 98.44 and 98.16.
Today’s resistance: - 100.21 and 100.47(main), where a correction may happen. Break would bring 100.68, where also a correction may be. Then 100.83. If a strong impulse, we would see 101.34. Continuation will give 101.70, 102.26 and 102.57.

DOW JONES INDEX

Today’s support: - 7897.30(main), where a delay and correction may happen. Break of the latter will give 7852.50,  where correction also can be. Then follows 7828.16.  Be there a strong impulse, we would see 7796.30. Continuation will bring 7768.13 and 7743.56.
Today’s resistance: - 8055.00, 8111.26 and 8136.70(main), where a delay and correction may happen. Break would bring 8150.60, where a correction may happen. Then follows 8187.37, where a delay and correction could also be. Be there a strong impulse, we’d see 8203.20. Continuation would bring 8222.36 and 8274.32.


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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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