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Daily Forex and Dow Jones Recommended Levels

Fri, Nov 6 2009, 09:47 GMT
by Nikolajs Serikovs

FXtechtrade


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):  9090.00, 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: - 1.4798 and 1.4760(main), where correction is possible. Break would give  1.4726, where correction also may be. Then follows 1.4692. Break of the latter would result in 1.4672. If a strong impulse, we would see 1.4648. Continuation will give 1.4623.  
Today’s resistance:  - 1.4918(main). Break would give 1.4933, where a correction is possible. Then goes 1.4950. Break of the latter would result in 1.4974. If a strong impulse, we’d see  1.5003. Continuation will give 1.5028.

USD/JPY

Today’s support: - 89.95(main)
. Break would bring 89.78, where correction is possible. Then 89.57, where a correction may also happen. Break of the latter will give 89.26. If a strong impulse, we would see 89.12. Continuation would give 88.78 and 88.52.
Today’s resistance: - 90.79, 90.97 and 91.42(main), where a correction may happen. Break would bring 91.80, where also a correction may be. Then 92.07. If a strong impulse, we would see 92.28. Continuation will give 92.44.

DOW JONES INDEX

Today’s support: - 9934.00 and 9911.26(main), where a delay and correction may happen. Break of the latter will give 9889.65, where correction also can be. Then follows 9856.12.  Be there a strong impulse, we would see 9832.50. Continuation will bring  9807.14.
Today’s resistance: - 10007.88 and 10046.26(main), where a delay and correction may happen. Break would bring 10068.35, where a correction may happen. Then follows 10082.77, where a delay and correction could also be. Be there a strong impulse, we’d see 10102.44. Continuation would bring 10128.22.


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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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