Daily FX And Dow Jones Recommended Levels: May 4, 2015

EUR/USD

Today’s support: -1.1158 and 1.1115 (main), where correction is possible. Break would give 1.1103, where correction also may be. Then follows 1.1070. Break of the latter would result in 1.1047. If a strong impulse, we would see 1.1028 and 1.1003.

Today’s resistance: - 1.1254 (main). Break would give 1.1268, where a correction is possible. Then goes 1.1282. Break of the latter would result in 1.1306. If a strong impulse, we’d see 1.1341.

USD/JPY

Today’s support: - 119.66, 119.45, 118.96 and 118.41 (main). Break would bring 118.28, where correction is possible. 118.12, where a correction may also happen. Break of the latter will give 117.88. If a strong impulse, we would see 117.58.

Today’s resistance: - 120.34 (main), where a correction may happen. Break would bring 120.50, where also a correction may be. Then 120.63. If a strong impulse, we would see 120.82. Continuation will give 120.94.

GBP/USD

Today’s support: - 1.5097 and 1.5078 (main), where a delay and correction may happen. After that 1.5053. Break of the latter will give 1.5047, where correction also can be. Then follows 1.5008. Be there a strong impulse, we shall see 1.4987.

Today’s resistance: - 1.5211 and 1.5233 (main), where a delay and correction may happen. Break would bring 1.5255, where a correction may happen. Then follows 1.5279, where a delay and correction could also be. Be there a strong impulse, we’d see 1.5253. Continuation would bring 1.5234.

USD/CHF

Today’s support: - 0.9270 (main), where a delay and correction may happen. After that 0.9259. Break of the latter will give 0.9227, where correction also can be. Then follows 0.9212. Be there a strong impulse, we shall see 0.9203.

Today’s resistance: - 0.9363, 0.9406 and 0.9436 (main), where a delay and correction may happen. Break would bring 0.9450, where a correction may happen. Then follows 0.9484, where a delay and correction could also be. Be there a strong impulse, we’d see 0.9496. Continuation would bring 0.9509.

AUD/USD

Today’s support: - 0.7812 (main), where a delay and correction may happen. After that 0.7783. Break of the latter will give 0.7752, where correction also can be. Then follows 0.7740. Be there a strong impulse, we shall see 0.7716 and 0.7696.

Today’s resistance: - 0.7857, 0.7898 and 0.7923 (main), where a delay and correction could also be. Be there a strong impulse, we’d see 0.8018. Continuation would bring 0.8043 and 0.8066.

DAX INDEX

Today’s support: - 11334.47 (main), where a delay and correction may happen. After that 11295.00. Break of the latter will give 11253.60, where correction also can be. Then follows 11227.12. Be there a strong impulse, we shall see 11207.14 .

Today’s resistance: - 11522.84, 11610.14, 11671.30 and 11830.70 (main), where a delay and correction may happen. Break would bring 11861.13, where a correction may happen. Then follows 11913.70, where a delay and correction could also be. Be there a strong impulse, we’d see 11948.03. Continuation would bring 11964.32.

DOW JONES

Today’s support: - 17969.26, 17908.13, 17875.14 and 17820.00 (main), where a delay and correction may happen. After that 17759.72. Break of the latter will give 17735.35, where correction also can be. Then follows 17707.50. Be there a strong impulse, we shall see 17687.11.

Today’s resistance: - 18040.37, 18086.18 and 18140.62 (main), where a delay and correction may happen. Break would bring 18165.21, where a correction may happen. Then follows 18181.44, where a delay and correction could also be. Be there a strong impulse, we’d see 18195.27. Continuation would bring 18219.38.

S&P500

Support: - 2099.50 and 2087.10 (main). Break will give 2085.87, where correction could be. Then follows 2079.50, where correction could also be. Be there a strong impulse, we would see 2070.00. Continuation will lead to 2058.76 and 2044.87.

Resistance: - 2114.10, 2120.40 and 2128.20 (main), where a correction may happen. Break would result in 2137.50, where correction may also be. Then 2146.19. Be there a strong impulse, we would see 2158.32. Continuation will lead to 2171.26.

NASDAQ

Support: - 4972.11, 4950.03, 4926.30 and 4905.00 (main), where correction is possible.Break will give 4876.85, where correction could be. Then 4855.30. Be there a strong impulse, we would see 4827.11. Continuation will 4814.27 and 4804.72.

Resistance : - 5007.23 (main), where the correction could be. Break will bring 5016.34, where the correction may also happen. Then 5026.64. Be there a strong impulse, we would see 5045.63. Continuation will lead to 5062.28.

GOLD

Support: - 1174.62 (main). Break of the latter would give 1168.40, where correction may happen. Then 1159.72, where correction may also be. If a strong impulse, we’ll get 1147.30. Continuation would give 1147.30.

Resistance: - 1183.44, 1193.4, 1203.32 and 1215.00 (main), where correction is possible. The break will lead to 1221.33, where correction is also possible. Then follows 1226.44. If a strong impulse we would have 1238.50. Continuation would bring 1261.38.

SILVER

Support: - 16.86 (main),where correction is possible. Break of the latter would give 15.67, where correction may happen. Then goes 15.60. If a strong impulse, we would see 15.32. Continuation would give 15.10.

Resistance: - 16.45, 16.76 and 16.87 (main), where correction is possible. Break will lead to 16.97, where again may be a correction. Then follows 17.15. If a strong impulse, we would have 17.32. Continuation would bring 17.48 and 17.66.