Daily Forex And Dow Jones Recommended Levels: January 20, 2014

EUR/USD
Today’s support: - 1.3483 and 1.3466(main), where correction is possible. Break would give 1.3443, where correction also may be. Then follows 1.3416. Break of the latter would result in 1.3388. If a strong impulse, we would see 1.3368.

Today’s resistance: - 1.3568 and 1.3593(main). Break would give 1.3629, where a correction is possible. Then goes 1.3658. Break of the latter would result in 1.3677. If a strong impulse, we’d see 1.3690.


USD/JPY
Today’s support: - 103.80 and103.47(main).Break would bring 103.25, where correction is possible. Then 103.16, where a correction may also happen. Break of the latter will give 102.82. If a strong impulse, we would see 102.60.

Today’s resistance: - 104.40 and104.64(main),where a correction may happen. Break would bring 104.83, where also a correction may be. Then 105.08. If a strong impulse, we would see 105.27. Continuation will give 105.51.


DOW JONES
Today’s support: - 16400.20 and16376.30(main),where a delay and correction may happen. After that 16335.00. Break of the latter will give 16292.10, where correction also can be. Then follows 16271.11. Be there a strong impulse, we shall see 16253.28. Continuation will bring 16222.50.

Today’s resistance: -16503.72, 16534.13 and 16571.28(main),where a delay and correction may happen. Break would bring 16583.40, where a correction may happen. Then follows 16626.18, where a delay and correction could also be. Be there a strong impulse, we’d see 16655.18. Continuation would bring 16706.20.


S&P 500
Support: - 1822.50 and 1795.30(main). Break will give 1780.36, where correction could be. Then follows 1768.55, where correction could also be. Be there a strong impulse, we would see 1753.64. Continuation will lead to 1741.93.

Resistance: - 1844.52, 1857.20 and 1868.34(main), where a correction may happen. Break would result in 1879.80, where correction may also be. Then 1891.60. Be there a strong impulse, we would see 1913.47. Continuation will lead to 1934.81.


NASDAQ
Support: - 4162.40, 4150.25 and4139.86(main), were correction is possible. Break will give 4123.06, where correction could be. Then 4115.17, where correction could also be. Be there a strong impulse, we would see 4095.36. Continuation will lead to 4072.32.

Resistance : - 4190.62 and 4195.06(main), where the correction could be. Break will bring 4201.90, where the correction may also happen. Then 4213.13. Be there a strong impulse, we would see 4224.30. Continuation will lead to 4251.22.


GOLD
Support: - 1236.40, 1227.23, 1218.15 and1186.80(main).Break of the latter would give 1172.82, where correction may happen. Then goes1150.33, where correction is also possible. If a strong impuls, we would see1136.20. Continuation would give 1119.38.

Resistance: - 1260.00(main),where correction is possible. The break will lead to1272.30, where correction is also possible. Then follows1288.11. If a strong impulse we would have1304.96. Continuation would bring 1314.82.


SILVER
Support: -20.11, 19.89, 19.73and 19.61(main).where correction is possible. Break of the latter would give 19.47, where correction may happen. Then goes 19.31. If a strong impulse, we would see 19.23. Continuation would give 18.90.

Resistance: - 20.46(main), where correction is possible. Break will lead to 20.57, where again may be a correction. Then follows 20.64. If a strong impulse, we would have 20.81. Continuation would bring 20.97.