Recommended levels of Forex and Dow Jones

February 06, 2009 (Friday)


EUR/USD

Support for the day: - The main supporting level is at 1.2758, where alteration is possible. Smash would give 1.2736, where alteration might take place, then follows 1.2714. Smash of the latter would result in 1.2678. If a strapping impulse, we would see 1.2666. Carry-over will give 1.2654 and 1.2642.

Resistance for the day: - The main resistance levels are at 1.2848, 1.2872, 1.2881 and 1.2915. Smash would give 1.2933, where an alteration might take place, then goes 1.2957. Smash of the latter would result in 1.2978. If a strapping impulse, we would see 1.3016. Carry-over will give 1.3057 and 1.3106.

USD/JPY

Support for the day: - The main supporting levels are at 90.42, 90.18 and 89.98. Smash would bring 89.48, where alteration is possible, then 89.16. If a strapping impulse, we would see 89.07. Carry-over would give 88.60 and 888.427.02.

Resistance for the day: - The main resistance levels are at 91.46 and 91.77, where an alteration might take place. Smash would bring 91.90, where also a alteration is possible, then 92.25. If a strapping impulse, we would see 92.67. Carry-over will give 92.86 and 93.13.

DOW JONES INDEX

Support for the day: - The main supporting levels are at 7961.30 and 7920.00, where a holdup and alteration might take place. Smash of the latter would give 7886.22, where alteration can take place, then follows 7860.72. Be there a strapping impulse, we would see 7832.26. Carry-over will bring 7782.18 and 7745.63.

Resistance for the day: - The main resistance level is at 8107.00, where a holdup and alteration might take place. Smash would bring 8153.44, where an alteration might take place, then follows 8175.92, where a holdup and alteration could take place. Be there a strapping impulse, we would see 8201.27. Carry-over would bring 8225.16 and 8274.38.