Daily Forex And Dow Jones Recommended Levels: October 13, 2014

EUR/USD

Today’s support: - 1.2673, 1.2643, 1.2622 and1.2600(main), where correction is possible. Break would give 1.2573 and 1.2549, where correction also may be. Then follows 1.2521. Break of the latter would result in 1.2498. If a strong impulse, we would see 1.2470.

Today’s resistance: - 1.2744 and 1.2781(main). Break would give 1.2802, where a correction is possible. Then goes 1.2823. Break of the latter would result in 1.2852. If a strong impulse, we’d see 1.2870.

USD/JPY

Today’s support: -106.96(main). Break would bring 106.76, where correction is possible. Then 106.63, where a correction may also happen. Break of the latter will give 106.47. If a strong impulse, we would see 106.24.

Today’s resistance: - 107.84 and 108.09(main), where a correction may happen. Break would bring 108.25, where also a correction may be. Then 108.49. If a strong impulse, we would see 108.78. Continuation will give 109.03.

DOW JONES

Today’s support: - 16470.00(main), where a delay and correction may happen. After that 16448.42. Break of the latter will give 16427.31, where correction also can be. Then follows 16396.87. Be there a strong impulse, we shall see 16382.80. Continuation will bring 16368.71. Be the latter broken we shall go to 16348.25.

Today’s resistance: -16741.16, 16772.79, 16802.54 and 16831.49(main), where a delay and correction may happen. Break would bring 16852.60, where a correction may happen. Then follows 16873.82, where a delay and correction could also be. Be there a strong impulse, we’d see 16905.11. Continuation would bring 16923.60. Breaking of the latter will lead to 16952.70.

S&P 500

Support: - 1902.30(main). Break will give 1892.84, where correction could be. Then follows 1869.40, where correction could also be. Be there a strong impulse, we would see 1847.03. Continuation will lead to 1822.50.

Resistance: - 1945.71, 1953.79, 1971.38 and 1980.12(main), where a correction may happen. Break would result in 1993.15, where correction may also be. Then 2005.46. Be there a strong impulse, we would see 2013.72. Continuation will lead to 2019.36.

NASDAQ

Support: -4252.50(main), where correction is possible. Break will give 4231.44, where correction could be. Then 4218.75. Be there a strong impulse, we would see 4196.20. Continuation will lead to 4185.17.

Resistance : - 4402.05, 4415.84, 444438 and 4477.53(main), where the correction could be. Break will bring 4498.46, where the correction may also happen. Then 4522.40. Be there a strong impulse, we would see 4546.60. Continuation will lead to 4573.12 and 4590.18.

Gold

Support: - 1217.67, 1211.24 and 1203.70 (main). Break of the latter would give 1193.40, where correction may happen. Then goes1182.26, where correction is also possible. If a strong impulse, we would see1158.70. Continuation would give 1133.60.

Resistance: - 1237.50(main), where correction is possible. The break will lead to1249.37 and 1258.24, wherecorrection is also possible. Then follows1273.16. If a strong impulse we would have 1282.38. Continuation would bring 1305.00.

Silver

Support: - 17.28 and 17.12(main), where correction is possible. Break of the latter would give 16.98, where correction may happen. Then goes 16.87. If a strong impulse, we would see 16.51. Continuation would give 15.86.

Resistance: - 17.55(main), where correction is possible. Break will lead to 17.67, where again may be a correction. Then follows 17.86. If a strong impulse, we would have 18.03. Continuation would bring 18.16.