# Daily Forex and Dow Jones Recommended Levels

*Nikolajs Serikovs from FXtechtrade at 12/08/09*

Several words about the EUR/USD future.

Resistance (daily close) : 1.3182, 1.3364, 1.3590 and 1.3778. After that 1.3958, 1.4186 and 1.4400. Break of the latter will give 1.4490, 1.4692 и 1.4884. Then 1.5117, 1.5386, 1.5592 и 1.5660. Break of 1.5660 would lead to 1.5865, 1.7280 и 1.9430(published on 23.10.2008).

Support (daily close) : 1.2610, 1.2428 and 1.2246. Then 1.2128, 1.1970, 1.1838 and 1.1700. Break of the latter would give 1.1533, 1.1352 and 1.1181(published оn 23.10.2008).

Dow Jones :

Resistance(daily close) : 9382.12, 9744.26, 10 091.30, 10 935.23, 11 164.57, 344.92 and 11 520.30. Then 11 749.22, 11 970.00, 12 152.82, 12 600.24, 12 982.20, 13 162.50 and 13 320.00. Break of the latter will lead to 13 567.60, 13 668.74 and 13 792.53 (published on October 21, 2008).

Support (daily close): 9630.33 and 9358.35(main), 9090.00, 8912.62 (published on November 10, 2009).

Light Crude :

Support (daily close): 39.36, 34.88, 31.28, 23.17, 19.57, 15.10, 11.70, 9.64, 8.11 and 6.98(published on December 07, 2008).

Resistance(daily close): 95.73, 98.21, 99.45, 101.48 and 102.27 (published on October 30, 2007). Next levels 103.73, 105.32, 106.54, 109.35, 112.56 and 117.28. Then follow 121.50, 124.03 and 126.56(added on February 29, 2008). Continuation will bring 132.73, 135.08, 139.92, 141.46 and 144.00( added on May 12, 2008).

Next levels : 149.06, 151.88, 154.13, 157.36, 159.46, 162.00, 169.87 and 172.13(added on July 04, 2008).

EUR/USD

Today’s support: - 1.4750(main), where correction is possible. Break would give 1.4738, where correction also may be. Then follows 1.4716. Break of the latter would result in 1.4687. If a strong impulse, we would see 1.4670. Continuation will give 1.4623 and 1.4584.

Today’s resistance: - 1.4917, 1.4943 and 1.4965(main). Break would give 1.5030, where a correction is possible. Then goes 1.5072. Break of the latter would result in 1.5135. If a strong impulse, we’d see 1.5150. Continuation will give 1.5168.

USD/JPY

Today’s support: - 88.53 and 88.22(main). Break would bring 88.04, where correction is possible. Then 87.76, where a correction may also happen. Break of the latter will give 87.57. If a strong impulse, we would see 87.26. Continuation would give 86.70.

Today’s resistance: - 89.66, 90.03, 90.58 and 90.96(main), where a correction may happen. Break would bring 91.04, where also a correction may be. Then 91.33. If a strong impulse, we would see 91.75. Continuation will give 92.02.

DOW JONES INDEX

Today’s support: - 10330.26, 10295.60 and 10260.00(main), where a delay and correction may happen. Break of the latter will give 10240.14, where correction also can be. Then follows 10217.63. Be there a strong impulse, we would see 10196.50. Continuation will bring 10182.40.

Today’s resistance: - 10440.23, 10496.30, 10528.42 and 10553.00(main), where a delay and correction may happen. Break would bring 10585.20, where a correction may happen. Then follows 10608.56, where a delay and correction could also be. Be there a strong impulse, we’d see 10622.44. Continuation would bring 10648.13.