July 03, 2008

GMT  02:50

EUR/USD

Today’s support: -  1.5843, 1.5825 and 1.5814(main), where correction is possible. Break would give  1.5793, where correction also may be. Then follows 1.5772. Break of the latter would result in 1.5747. If a strong impulse, we would see 1.5720. Continuation will give 1.5696.
Today’s resistance:  - 1.5895(main). Break would give 1.5916, where a correction is possible. Then goes 1.5933. Break of the latter would result in 1.5952. If a strong impulse, we’d see 1.5998. Continuation will give 1.6022.

USD/JPY

Today’s support: - 105.94 and 105.72(main). Break would bring 105.53, where correction is possible. Then 105.24. If a strong impulse, we would see 105.05. Continuation would give 104.74 and 104.51.
Today’s resistance: - 106.46 and 106.67(main), where a correction may happen. Break would bring 107.04, where also a correction may be. Then 107.33. If a strong impulse, we would see 107.56. Continuation will give 107.81.

DOW JONES INDEX

Today’s support: - 11 296.40,  11 272.54 and 11 244.37(main), where a delay and correction may happen. Break of the latter will give 11 218.00, where correction also can be. Then follows 11 193.72. Be there a strong impulse, we would see 11 162.60. Continuation will bring  11 138.20.
Today’s resistance: - 11 418.80 and 11 441.26(main), where a delay and correction may happen. Break would bring 11 463.66, where a correction may happen. Then follows 11 497.50, where a delay and correction could also be. Be there a strong impulse, we’d see 11 522.77. Continuation would bring 11 565.00 and 11 621.20.