Daily Forex And Dow Jones Recommended Levels: July 24, 2014

EUR/USD

Today’s support: - 1.3449(main),where correction is possible. Break would give 1.3438, where correction also may be. Then follows 1.3416. Break of the latter would result in 1.3389. If a strong impulse, we would see 1.3365.

Today’s resistance: - 1.3477 and 1.3489(main).Break would give 1.3511, where a correction is possible. Then goes 1.3522. Break of the latter would result in 1.3546. If a strong impulse, we’d see 1.3567 and 1.3590.

USD/JPY

Today’s support: - 101.42, 101.33, 101.19 and 101.03(main).Break would bring 100.93, where correction is possible. Then 100.80, where a correction may also happen. Break of the latter will give 100.61. If a strong impulse, we would see 100.46.

Today’s resistance: - 101.59, 101.76 and 101.95(main),where a correction may happen. Break would bring 102.05, where also a correction may be. Then 102.32. If a strong impulse, we would see 102.49. Continuation will give 102.61.

Dow Jones

Today’s support: - 17055.17, 17024.51, 17010.00 and16959.38(main),where a delay and correction may happen. After that 16945.29. Break of the latter will give 16920.00, where correction also can be. Then follows 16875.11. Be there a strong impulse, we shall see 16857.13. Continuation will bring 16831.42.

Today’s resistance: -17146.40, 17161.88 and 17192.80(main),where a delay and correction may happen. Break would bring 17213.14, where a correction may happen. Then follows 17235.06, where a delay and correction could also be. Be there a strong impulse, we’d see 17263.11. Continuation would bring 17284.50

S&P 500

Support: - 1980.16, 1974.74, 1966.10 and 1954.77(main). Break will give 1945.98, where correction could be. Then follows 1937.65, where correction could also be. Be there a strong impulse, we would see 1921.85. Continuation will lead to 1914.06.

Resistance: - 1990.00(main), where a correction may happen. Break would result in 1996.88, where correction may also be. Then 2005.50. Be there a strong impulse, we would see 2013.51. Continuation will lead to 2024.77.

NASDAQ

Support: - 4450.08, 4427.58and4410.03(main), where correction is possible. Break will give 4401.38, where correction could be. Then 4385.22. Be there a strong impulse, we would see 4331.81. Continuation will lead to 4309.70.

Resistance : - 4477.50(main), where the correction could be. Break will bring 4504.61, where the correction may also happen. Then 4529.10. Be there a strong impulse, we would see 4545.14. Continuation will lead to 4557.65.

Gold

Support: - 1293.70 and 1288.13(main).Break of the latter would give 1282.50, 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: - 1306.39, 1316.20, 1322.07 and 1327.50(main),where correction is possible. The break will lead to1338.70correction is also possible. Then follows1350.07. If a strong impulse we would have 1366.80. Continuation would bring 1389.23.

Silver

Support: - 20.64 and 20.47(main),where correction is possible. Break of the latter would give 20.25, where correction may happen. Then goes 20.03. If a strong impulse, we would see 19.80. Continuation would give 19.58.

Resistance: - 20.92 and 21.16(main), where correction is possible. Break will lead to 21.26, where again may be a correction. Then follows 21.48. If a strong impulse, we would have 21.63. Continuation would bring 21.88.