Daily Forex And Dow Jones Recommended Levels: October 6, 2014

EUR/USD

Today’s support: - 1.2498 and 1.2470(main), where correction is possible. Break would give 1.2448, where correction also may be. Then follows 1.2420. Break of the latter would result in 1.2398. If a strong impulse, we would see 1.2372.

Today’s resistance: - 1.2623, 1.2667 and 1.2690(main). Break would give 1.2703, where a correction is possible. Then goes 1.2724. Break of the latter would result in 1.2756. If a strong impulse, we’d see 1.2775.

USD/JPY

Today’s support: -109.46, 109.05, 108.76 and 108.45(main).Break would bring 108.28, where correction is possible. Then 108.07, where a correction may also happen. Break of the latter will give 107.78. If a strong impulse, we would see 107.49, 107.27 and 107.10.

Today’s resistance: - 110.02 and 110.13(main), where a correction may happen. Break would bring 110.30, where also a correction may be. Then 110.53. If a strong impulse, we would see 110.71. Continuation will give 110.82.

DOW JONES

Today’s support: - 16974.88 and 16954.67(main),where a delay and correction may happen. After that 16922.11. Break of the latter will give 16875.03, where correction also can be. Then follows 16849.64. Be there a strong impulse, we shall see 16824.30. Continuation will bring 16805.46. Be the latter broken we shall go to 16787.84 and 16772.71.

Today’s resistance: -16061.91and17104.23(main),where a delay and correction may happen. Break would bring 17129.10, where a correction may happen. Then follows 17145.07, where a delay and correction could also be. Be there a strong impulse, we’d see 17158.16. Continuation would bring 17176.70 and 17191.40.

S&P500

Support: - 1958.50, 1938.23 and 1923.70(main). Break will give 1912.50, where correction could be. Then follows 1902.30, where correction could also be. Be there a strong impulse, we would see 1892.84. Continuation will lead to 1869.40.

Resistance: - 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: - 4456.90, 4428.14 and 4393.13(main), where correction is possible. Break will give 4386.41, where correction could be. Then 4368.63. Be there a strong impulse, we would see 4350.12. Continuation will lead to 4323.00.

Resistance : - 4498.46 and 4516.33(main), where the correction could be. Break will bring 4533.57, where the correction may also happen. Then 4545.08. Be there a strong impulse, we would see 4574.12. Continuation will lead to 4592.10.

GOLD

Support: - 1182.26 and 1158.70 (main).Break of the latter would give 1133.60, where correction may happen. Then goes1123.42, where correction is also possible. If a strong impuls, we would see1108.12. Continuation would give 1080.44.

Resistance: - 1198.12 and1207.52(main),where correction is possible. The break will lead to1215.06, wherecorrection is also possible. Then follows1223.62. If a strong impulse we would have 1227.73. Continuation would bring 1233.15.

SILVER

Support: - 16.51 and 16.42(main),where correction is possible. Break of the latter would give 16.36, where correction may happen. Then goes 16.20. If a strong impulse, we would see 15.98. Continuation would give 15.86.

Resistance: - 16.93 and 17.04(main), where correction is possible. Break will lead to 17.14, where again may be a correction. Then follows 17.28. If a strong impulse, we would have 17.38. Continuation would bring 17.55.