Daily Forex And Dow Jones Recommended Levels: February 4, 2015

EUR/USD

Today’s support: -1.1408, 1.1384 and 1.1356 (main), where correction is possible. Break would give 1.1332, where correction also may be. Then follows 1.1307. Break of the latter would result in 1.1285. If a strong impulse, we would see 1.1258.

Today’s resistance: - 1.1542 and 1.1560 (main). Break would give 1.1588, where a correction is possible. Then goes 1.1612. Break of the latter would result in 1.1639. If a strong impulse, we’d see 1.1680 and 1.1705.

USD/JPY

Today’s support: - 116.82 (main). Break would bring 116.60, where correction is possible. 116.36, where a correction may also happen. Break of the latter will give 116.11. If a strong impulse, we would see 115.90.

Today’s resistance: - 117.96 (main), where a correction may happen. Break would bring 118.17, where also a correction may be. Then 118.24. If a strong impulse, we would see 118.40. Continuation will give 118.83.

DOW JONES

Today’s support: - 17581.74 and 17544.37 (main), where a delay and correction may happen. After that 17507.00. Break of the latter will give 17483.20, where correction also can be. Then follows 17461.42. Be there a strong impulse, we shall see 17440.33.

Today’s resistance: -17730.29, 17786.23 and 17818.35 (main), where a delay and correction may happen. Break would bring 17841.50, where a correction may happen. Then follows 17870.61, where a delay and correction could also be. Be there a strong impulse, we’d see 17886.40. Continuation would bring 17910.12.

S&P 500

Support: - 2020.10, 2013.40, 1996.87 and 1980.00 (main). Break will give 1966.60, where correction could be. Then follows 1938.21, where correction could also be. Be there a strong impulse, we would see 1918.11. Continuation will lead to 1890.00.

Resistance: - 2067.81 (main), where a correction may happen. Break would result in 2076.60, where correction may also be. Then 2091.43. Be there a strong impulse, we would see 2117.27. Continuation will lead to 2140.12 and 2160.00.

NASDAQ

Support: -4674.37, 4635.00, 4619.06 and 4603.30 (main), where correction is possible. Break will give 4590.10, where correction could be. Then 4570.44. Be there a strong impulse, we would see 4550.63. Continuation will 4523.57.

Resistance : - 4738.25 (main), where the correction could be. Break will bring 4752.12, where the correction may also happen. Then 4777.63. Be there a strong impulse, we would see 4803.80. Continuation will lead to 4816.40.

GOLD

Support: - 1248.50 (main). Break of the latter would give 1236.42, where correction may happen. Then 1224.06, where correction may also be. If a strong impulse, we’ll get 1209.36. Continuation would give1181.23.

Resistance: - 1272.63, 1285.07, 1300.00 and 1308.63 (main), where correction is possible. The break will lead to1333.14, where correction is also possible. Then follows1348.10. If a strong impulse we would have 1361.26. Continuation would bring 1380.65.

SILVER

Support: - 17.10, 16.86 and 16.65 (main), where correction is possible. Break of the latter would give 16.38, where correction may happen. Then goes 16.15. If a strong impulse, we would see 15.88. Continuation would give 15.75.

Resistance: - 17.47, 17.72 and 17.98 (main), where correction is possible. Break will lead to 18.21, where again may be a correction. Then follows 18.37. If a strong impulse, we would have 18.50. Continuation would bring 18.68.