Daily Forex And Dow Jones Recommended Levels: July 11, 2014

EUR/USD

Today’s support: - 1.3582 and 1.3575(main), where correction is possible. Break would give 1.3561, where correction also may be. Then follows 1.3547. Break of the latter would result in 1.3523. If a strong impulse, we would see 1.3503.

Today’s resistance: - 1.3617, 1.3635 and 1.3653(main). Break would give 1.3672, where a correction is possible. Then goes 1.3718. Break of the latter would result in 1.3747. If a strong impulse, we’d see 1.3770.

USD/JPY

Today’s support: - 101.03(main).Break would bring 100.93, where correction is possible. Then 100.80, where a correction may also happen. Break of the latter will give 100.61. If a strong impulse, we would see 100.46.

Today’s resistance: - 101.50 and 101.73(main),where a correction may happen. Break would bring 101.84, where also a correction may be. Then 101.95. If a strong impulse, we would see 102.05. Continuation will give 102.32.

Dow Jones

Today’s support: - 16875.11(main),where a delay and correction may happen. After that 16858.13. Break of the latter will give 16830.18, where correction also can be. Then follows 16808.46. Be there a strong impulse, we shall see 16788.32. Continuation will bring 16759.21.

Today’s resistance: -16968.06, 16987.44 and 17011.00(main),where a delay and correction may happen. Break would bring 17031.10, where a correction may happen. Then follows 17053.60, where a delay and correction could also be. Be there a strong impulse, we’d see 17083.11. Continuation would bring 17098.37

S&P 500

Support: - 1954.77(main). Break will give 1945.98, where correction could be. Then follows 1937.65, where correction could also be. Be there a strong impulse, we would see 1921.85. Continuation will lead to 1914.06.

Resistance: - 1976.98 and 1985.63(main), where a correction may happen. Break would result in 1990.00, where correction may also be. Then 1996.88. Be there a strong impulse, we would see 2005.50. Continuation will lead to 2024.77.

Nasdaq

Support: - 4371.40, 4352.70 and4340.00(main), where correction is possible. Break will give 4331.41, where correction could be. Then 4298.50. Be there a strong impulse, we would see 4276.12. Continuation will lead to 4255.28.

Resistance : - 4413.22 and 4427.07(main), where the correction could be. Break will bring 4456.45, where the correction may also happen. Then 4477.50. Be there a strong impulse, we would see 4504.61. Continuation will lead to 4529.10.

Gold

Support: - 1327.55, 1320.25 and 1317.22(main).Break of the latter would give 1302.07, where correction may happen. Then goes1288.13, where correction is also possible. If a strong impuls, we would see1282.50. Continuation would give 1261.03.

Resistance: - 1344.32(main),where correction is possible. The break will lead to1353.00, where correction is also possible. Then follows1365.80. If a strong impulse we would have1378.12. Continuation would bring 1388.40.

Silver

Support: - 21.26, 21.16and20.93(main),where correction is possible. Break of the latter would give 20.82, where correction may happen. Then goes 20.70. If a strong impulse, we would see 20.46. Continuation would give 20.25.

Resistance: - 21.63(main), where correction is possible. Break will lead to 21.88, where again may be a correction. Then follows 22.07. If a strong impulse, we would have 22.28. Continuation would bring 22.50