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Education  >  Trading basics
Monday,  04 October 2010,  04:05 GMT
Technical Trading
Nikolajs Serikovs, Analyst
http://www.fxtechtrade.com
Forex and Dow Jones recommended levels
October 04, 2010

GMT 03:50


EUR/USD

Today’s support: - 1.3714 and 1.3678(main), where correction is possible. Break would give 1.3646, where correction also may be. Then follows 1.3618. Break of the latter would result in 1.3 587. If a strong impulse, we would see 1.3568. Continuation will give 1.3533 and 1.3486.
Today’s resistance: - 1.3826 and 1.3848(main). Break would give 1.3872, where a correction is possible. Then goes 1.3893. Break of the latter would result in 1.3921. If a strong impulse, we’d see 1.3944. Continuation will give 1.3969   and 1.3
993.

USD/JPY

Today’s support: - 83.36, 83.10 and 83.02(main). Break would bring 82.86, where correction is possible. Then 82.68, where a correction may also happen. Break of the latter will give 82.37. If a strong impulse, we would see 82.20. Continuation would give 82.01.
Today’s resistance: - 84.15, 84.26 and 84.48(main),
where a correction may happen. Break would bring 84.63, where also a correction may be. Then 84.86. If a strong impulse, we would see 85.23. Continuation will give 85.62 and 85.95.

DOW JONES INDEX

Today’s support: -
10749.37 and 10718.44 (main),
where a delay and correction may happen. Break of the latter will give 10703.24, where correction also can be. Then follows 10679.06. Be there a strong impulse, we shall see 10654.80. Continuation will bring 10620.00
Today’s resistance: - 10857.22 and 10870.31 (main), where a delay and correction may happen. Break would bring 10888.37, where a correction may happen. Then follows 10906.87, where a delay and correction could also be. Be there a strong impulse, we’d see 10935.00. Continuation would bring 10954.68 and 10977.20 .

GMT:
05:24
London:
05:24
Tokyo:
13:24
Sydney:
14:24
New York:
00:24 







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