Monday, August 24, 2009

Forex and Dow Jones Recommended Levels

Daily Forex Technicals | Written by FXtechtrade
EURUSD
Today's support: - 1.4272, 1.4243 and 1.4220(main), where correction is possible. Break would give 1.4196, where correction also may be. Then follows 1.4172. Break of the latter would result in 1.4127. If a strong impulse, we would see 1.4084. Continuation will give 1.4040.Today's resistance: -1.4400(main). Break would give 1.4450, where a correction is possible. Then goes 1.4478. Break of the latter would result in 1.4511. If a strong impulse, we'd see 1.4537. Continuation will give 1.4576.
USD/JPY
Today's support: - 93.98 and 93.65(main). Break would bring 93.38, where correction is possible. Then 93.17, where a correction may also happen. Break of the latter will give 92.87. If a strong impulse, we would see 92.48. Continuation would give 92.23 and 92.00.Today's resistance: - 94.97, 94.28 and 95.40(main), where a correction may happen. Break would bring 95.74, where also a correction may be. Then 95.95. If a strong impulse, we would see 96.19. Continuation will give 96.40 and 96.72.
DOW JONES INDEX
Today's support: - 9437.65, 9413.24 and 9362.54(main), where a delay and correction may happen. Break of the latter will give 9331.84, where correction also can be. Then follows 9300.04. Be there a strong impulse, we would see 9284.87. Continuation will bring 9266.30 and 9247.86.Today's resistance: - 9551.20 and 9590.63(main), where a delay and correction may happen. Break would bring 9618.47, where a correction may happen. Then follows 9640.12, where a delay and correction could also be. Be there a strong impulse, we'd see 9675.00. Continuation would bring 9696.50 and 9722.13.

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