July 17, 2008

GMT  06:03

EUR/USD

Today’s support: - 1.5840(main), where correction is possible. Break would give  1.5814, where correction also may be. Then follows 1.5781. Break of the latter would result in 1.5750. If a strong impulse, we would see 1.5728. Continuation will give 1.5716 and 1.5694.
Today’s resistance:  - 1.5896, 1.5955, 1.5973 and 1.5997(main). Break would give 1.6023, where a correction is possible. Then goes 1.6054. Break of the latter would result in 1.6076. If a strong impulse, we’d see 1.6098. Continuation will give 1.6120.

USD/JPY

Today’s support: - 106.67, 104.40 and 104.13(main). Break would bring 103.89, where correction is possible. Then 103.64. If a strong impulse, we would see 103.53. Continuation would give 103.29.
Today’s resistance: - 105.30(main), where a correction may happen. Break would bring 105.53, where also a correction may be. Then 105.78. If a strong impulse, we would see 105.96. Continuation will give 106.12 and 106.31.

DOW JONES INDEX

Today’s support: - 11 188.13 and 11 160.00(main), where a delay and correction may happen. Break of the latter will give 11 126.30, where correction also can be. Then follows 11 072.20. Be there a strong impulse, we would see 11 024.50. Continuation will bring 10 985.63.
Today’s resistance: - 11 275.50 (main), where a delay and correction may happen. Break would bring 11 311.87, where a correction may happen. Then follows 11 344.22, where a delay and correction could also be. Be there a strong impulse, we’d see 11 373.75. Continuation would bring 11 407.40 and 11 427.66.