Daily Forex And Dow Jones Recommended Levels: August 12, 2014

EUR/USD
Today’s support: - 1.3380, 1.3368 and 1.3343(main), where correction is possible. Break would give 1.3332, where correction also may be. Then follows 1.3320. Break of the latter would result in 1.3298. If a strong impulse, we would see 1.3285 and 1.3264.

Today’s resistance: - 1.3384, 1.3416, 1.3437 and 1.3455(main). Break would give 1.3466, where a correction is possible. Then goes 1.3477. Break of the latter would result in 1.3489. If a strong impulse, we’d see 1.3511.

USD/JPY
Today’s support: - 102.06, 101.92, 101.77 and 101.64(main).Break would bring 101.42, where correction is possible. Then 101.33, where a correction may also happen. Break of the latter will give 101.19. If a strong impulse, we would see 101.03.

Today’s resistance: - 102.47, 102.63and 102.93(main),where a correction may happen. Break would bring 103.05, where also a correction may be. Then 103.16. If a strong impulse, we would see 103.28. Continuation will give 103.48.

Dow
Today’s support: - 16654.28, 16526.23, 16493.50 and 16468.12(main),where a delay and correction may happen. After that 16448.30. Break of the latter will give 16425.08, where correction also can be. Then follows 16403.40. Be there a strong impulse, we shall see 16377.38. Continuation will bring 16336.41.

Today’s resistance: -16634.02(main),where a delay and correction may happen. Break would bring 16653.32, where a correction may happen. Then follows 16674.12, where a delay and correction could also be. Be there a strong impulse, we’d see 16695.00. Continuation would bring 16707.24 and 16726.80.

S&P 500
Support: - 1923.70, 1918.71, 1911.00 and 1902.26(main). Break will give 1896.30, where correction could be. Then follows 1878.75, where correction could also be. Be there a strong impulse, we would see 1866.50. Continuation will lead to 1847.00.

Resistance: - 1946.30(main), where a correction may happen. Break would result in 1957.50, where correction may also be. Then 1968.70. Be there a strong impulse, we would see 1984.48. Continuation will lead to 1996.88.

NASDAQ
Support: - 4376.20, 4351.85 and 4342.50(main), where correction is possible. Break will give 4327.62, where correction could be. Then 4308.66. Be there a strong impulse, we would see 4297.70. Continuation will lead to 4276.08.

Resistance : - 4410.16(main), where the correction could be. Break will bring 4432.52, where the correction may also happen. Then 4452.27. Be there a strong impulse, we would see 4466.38. Continuation will lead to 4477.50.

Gold
Support: - 1300.13, 1294.20 and 1282.50(main).Break of the latter would give 1273.20, where correction may happen. Then goes1261.03, where correction is also possible. If a strong impuls, we would see1236.84. Continuation would give 1216.00.

Resistance: - 1314.06 and 1322.07(main),where correction is possible. The break will lead to1327.50correction is also possible. Then follows1338.70. If a strong impulse we would have 1361.23. Continuation would bring 1389.37.

Silver
Support: - 19.75 and 19.68(main),where correction is possible. Break of the latter would give 19.58, where correction may happen. Then goes 19.46. If a strong impulse, we would see 19.34. Continuation would give 19.23.

Resistance: - 20.16 and 20.25(main), where correction is possible. Break will lead to 20.52, where again may be a correction. Then follows 20.70. If a strong impulse, we would have 20.92. Continuation would bring 21.16.