July 29, 2008

GMT  03:46

EUR/USD

Today’s support: - 1.5713 and 1.5690 (main), where correction is possible. Break would give  1.5660, where correction also may be. Then follows 1.5643. Break of the latter would result in 1.5612. If a strong impulse, we would see 1.5594. Continuation will give 1.5568.
Today’s resistance:  - 1.57735731 and 1.5795 (main). Break would give 1.5805, where a correction is possible. Then goes 1.5828. Break of the latter would result in 1.5851. If a strong impulse, we’d see 1.5896. Continuation will give 1.5917 and 1.5932.

USD/JPY

Today’s support: - 107.18, 106.87 and 106.65(main). Break would bring 106.50, where correction is possible. Then 106.33. If a strong impulse, we would see 106.20. Continuation would give 106.04.
Today’s resistance: - 107.50, 107.88 and 108.11(main), where a correction may happen. Break would bring 108.26, where also a correction may be. Then 108.38. If a strong impulse, we would see 108.54. Continuation will give 108.73 and 108.90.

DOW JONES INDEX

Today’s support: - 11 076.63, 11 058.74 and 11 025.00(main), where a delay and correction may happen. Break of the latter will give 10 980.00, where correction also can be. Then follows 10 884.36. Be there a strong impulse, we would see 10 856.20. Continuation will bring  10 819.68 and 10 800.00.
Today’s resistance: - 11 250.00, 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.