Daily Forex And Dow Jones Recommended Levels: December 1, 2014

EUR/USD

Today’s support: -1.2420(main),where correction is possible. Break would give 1.2388, where correction also may be. Then follows 1.2354. Break of the latter would result in 1.2347. If a strong impulse, we would see 1.2330.

Today’s resistance: - 1.2476, 1.2510, 1.2530 and 1.2550(main). Break would give 1.2563, where a correction is possible. Then goes 1.2574. Break of the latter would result in 1.2591. If a strong impulse, we’d see 1.2602.

USD/JPY

Today’s support: -118.47 and 118.03(main).Break would bring 117.88, where correction is possible. Then 117.74, where a correction may also happen. Break of the latter will give 117.46. If a strong impulse, we would see 117.11.

Today’s resistance: - 119.14 and 119.36(main), where a correction may happen. Break would bring 119.48, where also a correction may be. Then 119.70. If a strong impulse, we would see 119.92. Continuation will give 120.13.

DOW JONES

Today’s support: - 17751.76, 17727.20, 17695.81and 17640.17(main),where a delay and correction may happen. After that 17627.02. Break of the latter will give 17592.03, where correction also can be. Then follows 17575.18. Be there a strong impulse, we shall see 17562.34.

Today’s resistance: -17835.91 and 17865.06(main),where a delay and correction may happen. Break would bring 17914.53, where a correction may happen. Then follows 17940.14, where a delay and correction could also be. Be there a strong impulse, we’d see 17967.20. Continuation would bring 17986.70 and 18000.22.

S&P 500

Support: - 2055.09 and 2042.18(main). Break will give 2035.17, where correction could be. Then follows 2024.56, where correction could also be. Be there a strong impulse, we would see 2007.26. Continuation will lead to 1995.48.

Resistance: - 2068.92(main), where a correction may happen. Break would result in 2076.60, where correction may also be. Then 2082.22. Be there a strong impulse, we would see 2091.43. Continuation will lead to 2114.28.

{{14958|NASDAQ}}

Support: - 4775.24, 4764.15 and 4747.50(main), where correction is possible. Break will give 4725.00, where correction could be. Then 4713.86. Be there a strong impulse, we would see 4700.03. Continuation will 4678.12.

Resistance : - 4803.05(main), where the correction could be. Break will bring 4816.11, where the correction may also happen. Then 4826.30. Be there a strong impulse, we would see 4853.32. Continuation will lead to 4876.80.

{{8830|Gold}}

Support: - 1137.23 and 1130.62(main).Break of the latter would give 1123.03, where correction may happen. Then 1109.13, where correction may also be. If a strong impulse, we’ll get 1082.87. Continuation would give1059.43.

Resistance: - 1163.40, 1171.36 and1181.20(main),where correction is possible. The break will lead to1192.83, wherecorrection is also possible. Then follows1203.68. If a strong impulse we would have 1209.38. Continuation would bring 1216.21.

Silver

Support: - 14.62 and 14.17(main),where correction is possible. Break of the latter would give 13.93, where correction may happen. Then goes 13.80. If a strong impulse, we would see 13.62. Continuation would give 13.42.

Resistance: - 15.36, 15.64 and15.83(main),where correction is possible. Break will lead to 16.07, where again may be a correction. Then follows 16.20. If a strong impulse, we would have 16.43. Continuation would bring 16.56 and 16.65.