Daily Forex And Dow Jones Recommended Levels: January 21, 2015

EUR/USD

Today’s support: - 1.1535, 1.1520 and 1.1487 (main), where correction is possible. Break would give 1.1464, where correction also may be. Then follows 1.1433. Break of the latter would result in 1.1405. If a strong impulse, we would see 1.1387.

Today’s resistance: - 1.1587, 1.1611, 1.1638, 1.1660 and 1.1697 (main). Break would give 1.1721, where a correction is possible. Then goes 1.1746. Break of the latter would result in 1.1768. If a strong impulse, we’d see 1.1792 and 1.1820.

USD/JPY

Today’s support: - 117.45 (main). Break would bring 117.26, where correction is possible. 117.09, where a correction may also happen. Break of the latter will give 116.88. If a strong impulse, we would see 116.36.

Today’s resistance: - 118.40 and 118.83 (main), where a correction may happen. Break would bring 119.14, where also a correction may be. Then 119.36. If a strong impulse, we would see 119.55. Continuation will give 119.70.

DOW JONES

Today’s support: - 17340.50, 17302.14 and 17285.51 (main), where a delay and correction may happen. After that 17256.50. Break of the latter will give 17230.47, where correction also can be. Then follows 17210.43. Be there a strong impulse, we shall see 17178.62 and 17157.30.

Today’s resistance: -17572.10 and 17640.08 (main), where a delay and correction may happen. Break would bring 17679.38, where a correction may happen. Then follows 17713.12, where a delay and correction could also be. Be there a strong impulse, we’d see 17732.26. Continuation would bring 17763.64 and 17775.37.

S&P500

Support: - 2011.12, 2002.50 and 1990.22 (main). Break will give 1981.11, where correction could be. Then follows 1968.75, where correction could also be. Be there a strong impulse, we would see 1946.20. Continuation will lead to 1925.72.

Resistance: - 2035.44, 2052.22 and 2063.67 (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 2117.72. Continuation will lead to 2143.11 and 2160.00.

NASDAQ

Support: - 4619.06, 4590.10, 4573.13 and 4550.63 (main), where correction is possible. Break will give 4520.37, where correction could be. Then 4502.88. Be there a strong impulse, we would see 4476.40. Continuation will 4449.35.

Resistance : - 4674.38 (main), where the correction could be. Break will bring 4686.61, where the correction may also happen. Then 4692.33. Be there a strong impulse, we would see 4707.21. Continuation will lead to 4738.23.

GOLD

Support: - 1285.06, 1279.44 and 1265.30 (main). Break of the latter would give 1248.50, where correction may happen. Then 1236.42, where correction may also be. If a strong impulse, we’ll get 1224.06. Continuation would give1209.36.

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

SILVER

Support: - 17.53 and 17.38 (main), where correction is possible. Break of the latter would give 17.13, where correction may happen. Then goes 16.87. If a strong impulse, we would see 16.65. Continuation would give 16.31.

Resistance: - 18.17 (main), where correction is possible. Break will lead to 18.33, where again may be a correction. Then follows 18.40. If a strong impulse, we would have 18.68. Continuation would bring 18.91.