Daily Technical Analysis Forex/DJIA

Daily Forex Technicals | Written by FXtechtrade |
EUR/USD
Today's support: - 1.3230, 1.3213 and 1.3186(main), where correction is possible. Break would give 1.3158, where correction also may be. Then follows 1.3140. Break of the latter would result in 1.3114. If a strong impulse, we would see 1.3081. Continuation will give 1.3057 and 1.3033.
Today's resistance: - 1.3278 and 1.3323(main). Break would give 1.3366, where a correction is possible. Then goes 1.3380. Break of the latter would result in 1.3412. If a strong impulse, we'd see 1.3432. Continuation will give 1.3465 and 1.3494.
USD/JPY
Today's support: - 98.10(main). Break would bring 97.90, where correction is possible. Then 97.62, where a correction may also happen. Break of the latter will give 97.44. If a strong impulse, we would see 97.20. Continuation would give 96.86 and 96.65.
Today's resistance: - 99.00 and 99.23(main), where a correction may happen. Break would bring 99.46, where also a correction may be. Then 99.67. If a strong impulse, we would see 99.94. Continuation will give 100.24.
DOW JONES INDEX
Today's support: - 7897.44(main), where a delay and correction may happen. Break of the latter will give 7849.64, where correction also can be. Then follows 7818.40. Be there a strong impulse, we would see 7796.22. Continuation will bring 7785.00.
Today's resistance: - 7976.24 and 7998.75(main), where a delay and correction may happen. Break would bring 8021.28, where a correction may happen. Then follows 8049.37, where a delay and correction could also be. Be there a strong impulse, we'd see 8077.46. Continuation would bring 8100.00.
by Hans Nilsson/CMS Forex
FX Strategy Update