Thursday, December 18, 2008

Forex and Dow Jones recommended levels

December 12, 2008

GMT 02:37

EUR/USD

Todays support: - 1.3263 and 1.3230 (main), where correction is possible. Break would give 1.3208, where correction also may be. Then follows 1.3184. Break of the latter would result in 1.3168. If a strong impulse, we would see 1.3136. Continuation will give 1.3098.

Todays resistance: - 1.3376 and 1.3410(main). Break would give 1.3442, where a correction is possible. Then goes 1.3465. Break of the latter would result in 1.3500. If a strong impulse, wed see 1.3518. Continuation will give 1.3543 and 1.3587.

USD/JPY

Todays support: - 91.12 and 90.90(main). Break would bring 90.64, where correction is possible. Then 90.42. If a strong impulse, we would see 90.19. Continuation would give 90.06 and 89.90.

Todays resistance: - 91.91 and 92.14(main), where a correction may happen. Break would bring 92.35, where also a correction may be. Then 92.60. If a strong impulse, we would see 92.86. Continuation will give 93.16, 93.35 and 93.62.

DOW JONES INDEX

Todays support: - 8592.10(main), where a delay and correction may happen. Break of the latter will give 8578.13, where correction also can be. Then follows 8561.20. Be there a strong impulse, we would see 8541.56. Continuation will bring 8527.40 and 8506.00.

Todays resistance: - 8911.90 and 8644.22(main), where a delay and correction may happen. Break would bring 8663.20, where a correction may happen. Then follows 8732.60, where a delay and correction could also be. Be there a strong impulse, wed see 8780.63. Continuation would bring 8827.20, 8867.14 and 8930.30.

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