Daily Forex And Dow Jones Recommended Levels: January 8, 2014

EUR/USD
Today’s support: - 1.3586 and 1.3568(main), where correction is possible. Break would give 1.3537, where correction also may be. Then follows 1.3500. Break of the latter would result in 1.3486. If a strong impulse, we would see 1.3467.

Today’s resistance: - 1.3669, 1.3690, 1.3701 and 1.3726(main). Break would give 1.3746, where a correction is possible. Then goes 1.3770. Break of the latter would result in 1.3793. If a strong impulse, we’d see 1.3818.


USD/JPY
Today’s support: - 104.36,104.18, 104.00 and 103.70(main).Break would bring 103.50, where correction is possible. Then 102.93, where a correction may also happen. Break of the latter will give 102.60. If a strong impulse, we would see 102.49.

Today’s resistance: - 105.01(main), where a correction may happen. Break would bring 105.27, where also a correction may be. Then 105.51. If a strong impulse, we would see 105.72. Continuation will give 106.17.


DOW JONES
Today’s support: - 16483.30, 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: -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&P500
Support: - 1832.62, 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: - 4115.17, 4095.36 and4072.32(main), were correction is possible. Break will give 4048.20, where correction could be. Then 4022.44, where correction could also be. Be there a strong impulse, we would see 4008.12. Continuation will lead to 3993.70.

Resistance : - 4140.00(main), where the correction could be. Break will bring 4154.69, where the correction may also happen. Then 4163.57. Be there a strong impulse, we would see 4201.90. Continuation will lead to 4224.30.


GOLD
Support: - 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: - 1236.13, 1242.26 and 1248.75(main),where correction is possible. The break will lead to1253.78, where correction is also possible. Then follows1260.00. If a strong impulse we would have1272.30. Continuation would bring 1288.11.


SILVER
Support: -19.57, 19.46, 19.23 and 18.90(main).where correction is possible. Break of the latter would give 18.68, where correction may happen. Then goes 18.42. If a strong impulse, we would see 18.18. Continuation would give 18.00.

Resistance: - 20.04, 20.27, 20.34 and 20.46(main), where correction is possible. Break will lead to 20.64, where again may be a correction. Then follows 20.75. If a strong impulse, we would have 20.93. Continuation would bring 21.14.