Daily Forex And Dow Jones Recommended Levels: April 7, 2015

EUR/USD

Today’s support: - 1.0890 and 1.0856 (main), where correction is possible. Break would give 1.0828, where correction also may be. Then follows 1.0800. Break of the latter would result in 1.0766. If a strong impulse, we would see 1.0732 and 1.0704.

Today’s resistance: - 1.0988 and 1.0936 (main). Break would give 1.1057, where a correction is possible. Then goes 1.1073. Break of the latter would result in 1.1090. If a strong impulse, we’d see 1.1104 and 1.1115.

USD/JPY

Today’s support: - 119.43, 119.25 and 119.14 (main). Break would bring 118.91, where correction is possible. 118.77, where a correction may also happen. Break of the latter will give 118.63. If a strong impulse, we would see 118.40.

Today’s resistance: - 119.97, 120.21 and 120.46 (main), where a correction may happen. Break would bring 120.58, where also a correction may be. Then 120.94. If a strong impulse, we would see 121.07. Continuation will give 121.20.

GBP/USD

Today’s support: - 1.4862 (main), where a delay and correction may happen. After that 1.4844. Break of the latter will give 1.4827, where correction also can be. Then follows 1.4808. Be there a strong impulse, we shall see 1.4783 and 1.4760.

Today’s resistance: - 1.4915 (main), where a delay and correction may happen. Break would bring 1.4940, where a correction may happen. Then follows 1.4983, where a delay and correction could also be. Be there a strong impulse, we’d see 1.5008. Continuation would bring 1.5030.

USD/CHF

Today’s support: - 0.9540 and 0.9517 (main), where a delay and correction may happen. After that 0.9483. Break of the latter will give 0.9461, where correction also can be. Then follows 0.9447. Be there a strong impulse, we shall see 0.9426 and 0.9411.

Today’s resistance: - 0.9613 and 0.9630 (main), where a delay and correction may happen. Break would bring 0.9650, where a correction may happen. Then follows 0.9677, where a delay and correction could also be. Be there a strong impulse, we’d see 0.9698. Continuation would bring 0.9714.

DAX INDEX

Today’s support: - 11943.23 and 11925.16 (main), where a delay and correction may happen. After that 11898.37. Break of the latter will give 11882.84, where correction also can be. Then follows 11855.10. Be there a strong impulse, we shall see 11843.20. Continuation will lead to 11836.00.

Today’s resistance: - 12029.50, 12060.00 and 12074.28 (main), where a delay and correction may happen. Break would bring 12107.11, where a correction may happen. Then follows 12128.41, where a delay and correction could also be. Be there a strong impulse, we’d see 12150.11. Continuation would bring 12168.87 and 12194.62.

DOW JONES

Today’s support: - 17842.50, 17729.17 and 17707.50 (main), where a delay and correction may happen. After that 17688.03. Break of the latter will give 17661.44, where correction also can be. Then follows 17636.38. Be there a strong impulse, we shall see 17615.56.

Today’s resistance: - 17955.00 and 17968.18 (main), where a delay and correction may happen. Break would bring 17989.20, where a correction may happen. Then follows 18006.63, where a delay and correction could also be. Be there a strong impulse, we’d see 18022.40. Continuation would bring 18057.24 and 18088.36.

S&P500

Support: - 2056.90, 2047.43 and 2036.26 (main). Break will give 2024.00, where correction could be. Then follows 2003.50, where correction could also be. Be there a strong impulse, we would see 1992.20. Continuation will lead to 1980.18 and 1967.64.

Resistance: - 2081.20, 2093.36, 2107.41 and 2118.57 (main), where a correction may happen. Break would result in 2128.20, where correction may also be. Then 2137.50. Be there a strong impulse, we would see 2146.19. Continuation will lead to 2158.32.

NASDAQ

Support: -4870.00 and 4850.23 (main), where correction is possible. Break will give 4837.42, where correction could be. Then 4826.20. Be there a strong impulse, we would see 4804.70. Continuation will 4773.62.

Resistance : - 4929.43 (main), where the correction could be. Break will bring 4935.11, where the correction may also happen. Then 4943.38. Be there a strong impulse, we would see 4961.20. Continuation will lead to 4974.50.

GOLD

Support: - 1209.38 (main). Break of the latter would give 1192.50, where correction may happen. Then 1181.25, where correction may also be. If a strong impulse, we’ll get 1173.62. Continuation would give 1170.00.

Resistance: - 1226.44 (main), where correction is possible. The break will lead to 1232.72, where correction is also possible. Then follows 1260.12. If a strong impulse we would have 1280.73. Continuation would bring 1305.00.

SILVER

Support: - 16.62, 16.49, 16.37 and 16.14 (main), where correction is possible. Break of the latter would give 15.97, where correction may happen. Then goes 15.83. If a strong impulse, we would see 15.60. Continuation would give 15.41 and 15.24.

Resistance: - 17.09, 17.21 and 17.43 (main), where correction is possible. Break will lead to 17.56, where again may be a correction. Then follows 17.68. If a strong impulse, we would have 17.89. Continuation would bring 18.11.