January 17, 2008

GMT  05:36

EUR/USD

Today’s support: - 1.4625 and 1.4591(main), where correction is possible.Break would give 1.4577, where correction also may be. Then  1.4546. Break of the latter would result in 1.4513. If a strong impulse, we would see 1.4496. Continuation will give 1.4464.
Today’s resistance: - 1.4718(main). Break would give 1.4749, where a correction is possible. Then 1.4783. Break of the latter would result in 1.4812. If a strong impulse, we’d see 1.4826. Continuation will give 1.4857.

USD/JPY

Today’s support: - 106.64, 106.43 and 106.17(main). Break would bring 108.94, where correction is possible. Then 105.78. If a strong impulse, we would see 105.53. Continuation would give 105.32.
Today’s resistance: - 107.44(main), where a correction may happen. Break would bring 107.70, where also a correction may be. Then 108.11. If a strong impulse, we would see 108.34. Continuation will give 108.59 and 108.90.

DOW JONES INDEX

Today’s support: - 12 434.06 and 12 397.50(main), where a delay and correction may happen. Break of the latter will give 12 375.12, where correction also can be. Then 12 353.22. Be there a strong impulse, we would see 12 325.00. Continuation will bring 12 286.35.
Today’s resistance: - 12 512.72, 12 561.30, 12 588.70 and 12 614.03(main), where a a delay and correction may happen.Break would bring 12 657.00, where a correction may happen.Then 12 692.77, where a delay and correction could also be. Be there a strong impulse, we’d see 12 735.70. Continuation would bring 12 756.44 and 12 791.20.