Daily Forex And Dow Jones Recommended Levels: January 8, 2015

EUR/USD

Today’s support: - 1.1790 (main),where correction is possible. Break would give 1.1768, where correction also may be. Then follows 1.1703. Break of the latter would result in 1.1678. If a strong impulse, we would see 1.1665 and 1.1644.

Today’s resistance: - 1.1886 and 1.1903 1.1933, 1.1959, 1.1992 and 1.2021 (main). Break would give 1.1933, where a correction is possible. Then goes 1.1959. Break of the latter would result in 1.1992. If a strong impulse, we’d see 1.2021.

USD/JPY

Today’s support: - 119.13 and 118.68 (main).Break would bring 118.35, where correction is possible. Then 118.13, where a correction may also happen. Break of the latter will give 117.94. If a strong impulse, we would see 117.70.

Today’s resistance: - 120.01 (main), where a correction may happen. Break would bring 120.41, where also a correction may be. Then 120.71. If a strong impulse, we would see 120.83. Continuation will give 120.98.

DOW JONES

Today’s support: - 17443.21, 17415.26, 17370.18 and 17312.68 (main),where a delay and correction may happen. After that 17298.87. Break of the latter will give 17282.77, where correction also can be. Then follows 17258.53. Be there a strong impulse, we shall see 17235.11 and 17190.06.

Today’s resistance: -17552.68 17598.10 and 17640.00(main),where a delay and correction may happen. Break would bring 17693.62, where a correction may happen. Then follows 17749.11, where a delay and correction could also be. Be there a strong impulse, we’d see 17775.04. Continuation would bring 17797.50 and 17820.00.

S&P500

Support: - 1990.22 (main). Break will give 1981.11, where correction could be. Then follows 1968.75, where correction could also be. Be there a strong impulse, we would see 1946.20. Continuation will lead to 1925.72.

Resistance: - 2025.07 (main), where a correction may happen. Break would result in 2031.09, where correction may also be. Then 2040.74. Be there a strong impulse, we would see 2063.67. Continuation will lead to 2076.60.

NASDAQ

Support: - 4577.70 (main), where correction is possible. Break will give 4556.20, where correction could be. Then 4544.79. Be there a strong impulse, we would see 4527.11. Continuation will 4506.62.

Resistance : - 4657.50 and 4679.30 (main), where the correction could be. Break will bring 4695.80, where the correction may also happen. Then 4730.63. Be there a strong impulse, we would see 4757.35. Continuation will lead to 4783.20.

GOLD

Support: - 1202.70, 1192.50, 1183.88 and 1168.89 (main). Break of the latter would give 1147.34, where correction may happen. Then 1135.22, where correction may also be. If a strong impulse, we’ll get 1124.00. Continuation would give1114.80.

Resistance: -1223.02 (main),where correction is possible. The break will lead to1238.50, wherecorrection is also possible. Then follows1247.70. If a strong impulse we would have 1260.00. Continuation would bring 1284.40.

SILVER

Support: - 16.17, 16.07 and 15.98 (main),where correction is possible. Break of the latter would give 15.82, where correction may happen. Then goes 15.63. If a strong impulse, we would see 15.41. Continuation would give 15.19.

Resistance: - 16.68 and 16.88 (main), where correction is possible. Break will lead to 17.09, where again may be a correction. Then follows 17.22. If a strong impulse, we would have 17.41. Continuation would bring 17.54.