Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Daily Forex And Dow Jones Recommended Levels: August 16, 2012

Published 08/16/2012, 02:31 AM
Updated 03/09/2019, 08:30 AM
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 and 1.9430(published on October 23, 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 October 23, 2008).

Dow Jones
Resistance (daily close): 9382.12, 9744.26, 10 091.30, 10 935.23, 11 164.57, 11 344.92 and 11 520.30. Then 11 749.22, 11 970.00, 12 152.82, 12 600.24, 12 982.20, 13 162.50and 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: - 1.2263 (main), where correction is possible. Break would give 1.2235, where correction also may be. Then follows 1.2216. Break of the latter would result in 1.2177. If a strong impulse, we would see 1.2154. Continuation will give 1.2123.

Today’s resistance: - 1.2330, 1.2348 and 1.2373 (main). Break would give 1.2388, where a correction is possible. Then goes 1.2403. Break of the latter would result in 1.2431. If a strong impulse, we’d see 1.2454. Continuation will give 1.2473.

USD/JPY
Today’s support: - 78.83, 78.42, 78.10 and 77.92 (main).Break would bring 77.80, where correction is possible. Then 77.63, where a correction may also happen. Break of the latter will give 77.41. If a strong impulse, we would see 77.28. Continuation would give 77.16.

Today’s resistance: - 79.20 (main), where a correction may happen. Break would bring 79.53, where also a correction may be. Then 79.84. If a strong impulse, we would see 80.10. Continuation will give 80.53.

DOW JONES INDEX
Today’s support: - 13175.40, 13134.12, 13038.30 and12946.60 (main),where a delay and correction may happen. After that 12876.53. Break of the latter will give 12840.23, where correction also can be. Then follows 12825.14. Be there a strong impulse, we shall see 12803.40. Continuation will bring 12774.30.

Today’s resistance: - 13286.30 (main), where a delay and correction may happen. Break would bring 13317.33, where a correction may happen. Then follows 13339.80 where a delay and correction could also be. Be there a strong impulse, we’d see 13364.18. Continuation would bring 13387.50.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.