Thursday, April 10, 2008

Forex and Dow Jones recommended levels for 09-Apr-08

Today’s support: -1.0125, 1.0103 and 1.0057(main), where correction could happen. Break would give 1.1039, where a correction may happen. Then 1.1.022. If a strong impulse, we would see 0.9976. Continuation will give 0.9956 and 0.9928.
Today’s resistance: - 1.0154. 1.0172 and 1.0188 (main)
, where a delay and correction may happen. Break would give 1.0219, where also could be a correction. Then 1.0233. If a strong impulse, we would see 1.0252. Continuation will give 1.0266 and 1.0281.

GBP/USD

Today’s support: - 1.9642 and 1.9617(main), where correction may happen. Break would present 1.9595, where a correction may also be. Then 1.9577. If a strong impulse, we would see 1.9560. Continuation will give 1.9543.
Today’s resistance: - 1.9710, 1.9733 and 1.9756(main)
. Break would give 1.9772, where a correction may be. Then 1.9789. Break of the latter would give 1.9808. If a strong impulse, we would see 1.9827. Continuation will bring 1.9845 and 1.9864.

DOW JONES INDEX

Today’s support: - 12 573.28, 12 551.13, 12 526.88 ? 12 504.37(main),
where a delay and correction may happen. Break of the latter will give 12 476.25, where correction also can be. Then 12 454.45. Be there a strong impulse, we would see 12 431.30. Continuation will bring 12 414.37 and 12 403.12.
Today’s resistance: - 12 692.78, 12 729.36 ? 12 757.50(main), where a a delay and correction may happen.Break would bring 12 782.11, where a correction may happen.Then 12 801.10, where a delay and correction could also be. Be there a strong impulse, we’d see 12 830.63. Continuation would bring 12 859.45 and 12 870.00.

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