July 31, 2008

GMT  02:15

EUR/USD

Today’s support: - 1.5565 and 1.5536 (main), where correction is possible. Break would give  1.5515, where correction also may be. Then follows 1.5490. Break of the latter would result in 1.5466. If a strong impulse, we would see 1.5438. Continuation will give 1.5410 and 1.5387.
Today’s resistance:  - 1.5629 and 1.5660 (main). Break would give 1.5691, where a correction is possible. Then goes 1.5708. Break of the latter would result in 1.5726. If a strong impulse, we’d see 1.5747. Continuation will give 1.5765 and 1.5794.

USD/JPY

Today’s support: - 107.84 and 107.53(main). Break would bring 107.32, where correction is possible. Then 107.18. If a strong impulse, we would see 106.87. Continuation would give 106.65.
Today’s resistance: - 108.38 and 108.60(main), where a correction may happen. Break would bring 108.73, where also a correction may be. Then 108.90. If a strong impulse, we would see 109.15. Continuation will give 109.34 and 109.55.

DOW JONES INDEX

Today’s support: - 11 520.10, 11 467.60 and 11 427.18(main), where a delay and correction may happen. Break of the latter will give 11 407.50 and 11 383.10, where correction also can be. Then follows 11 340.00. Be there a strong impulse, we would see 11 324.53. Continuation will bring  11 289.38 and 11 255.63.
Today’s resistance: - 11 615.63 and 11 643.75 (main), where a delay and correction may happen. Break would bring 11 677.50, where a correction may happen. Then follows 11 694.38, where a delay and correction could also be. Be there a strong impulse, we’d see 11 716.82. Continuation would bring 11 748.00 and 11 784.37.