Daily Forex And Dow Jones Recommended Levels: August 7, 2014

EUR/USD
Today’s support: - 1.3374, 1.3362 and 1.3354(main), where correction is possible. Break would give 1.3343, 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: - 1.3416, 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: - 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: - 102.63and 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: - 16402.37, 16376.40 and 16357.50(main),where a delay and correction may happen. After that 16336.12. Break of the latter will give 16322.71, where correction also can be. Then follows 16302.23. Be there a strong impulse, we shall see 16288.14. Continuation will bring 16272.16.

Today’s resistance: -16476.60, 16501.20 and 16517.20(main),where a delay and correction may happen. Break would bring 16523.28, where a correction may happen. Then follows 16558.37, where a delay and correction could also be. Be there a strong impulse, we’d see 16582.50. Continuation would bring 16608.45.

S&P 500
Support: - 1912.44(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: - 1936.83 and 1941.22(main), where a correction may happen. Break would result in 1946.30, 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: - 4334.28, 4320.00 and 4297.70(main), where correction is possible. Break will give 4276.08, where correction could be. Then 4263.70. Be there a strong impulse, we would see 4251.44. Continuation will lead to 4232.00.

Resistance : - 4357.38, 4376.21, 4398.70 and 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: - 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: - 1310.60(main),where correction is possible. The break will lead to1316.20correction is also possible. Then follows1322.07. If a strong impulse we would have 1327.50. Continuation would bring 1338.70.

Silver
Support: - 19.82 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.