July 10, 2008

GMT  02:58

EUR/USD

Today’s support: -  1.5702(main), where correction is possible. Break would give  1.5683, where correction also may be. Then follows 1.5669. Break of the latter would result in 1.5635. If a strong impulse, we would see 1.5616. Continuation will give 1.5590.
Today’s resistance:  - 1.5752(main). Break would give 1.5764, where a correction is possible. Then goes 1.5795. Break of the latter would result in 1.5820. If a strong impulse, we’d see 1.5846. Continuation will give 1.5880.

USD/JPY

Today’s support: - 106.57 and 106.42(main). Break would bring 106.20, where correction is possible. Then 105.94. If a strong impulse, we would see 105.72. Continuation would give 105.53 and 105.24.
Today’s resistance: - 107.10 and 107.33(main), where a correction may happen. Break would bring 107.56, where also a correction may be. Then 107.81. If a strong impulse, we would see 108.03. Continuation will give 108.19 and 108.37.

DOW JONES INDEX

Today’s support: - 11 125.00, 11 193.72, 11 179.68 and 11 162.60 (main), where a delay and correction may happen. Break of the latter will give 11 138.20, where correction also can be. Then follows 11 116.38. Be there a strong impulse, we would see 11 093.90. Continuation will bring  11 072.00 and 11 058.74.
Today’s resistance: - 11 296.30, 11 317.40 and 11 340.00 (main), where a delay and correction may happen. Break would bring 11 373.72, where a correction may happen. Then follows 11 396.22, where a delay and correction could also be. Be there a strong impulse, we’d see 11 418.80. Continuation would bring 11 441.26.