Daily Forex And Dow Jones Recommended Levels: July 30, 2014

EUR/USD
Today’s support: - 1.3398(main),where correction is possible. Break would give 1.3382, where correction also may be. Then follows 1.3365. Break of the latter would result in 1.3343. If a strong impulse, we would see 1.3320.

Today’s resistance: - 1.3433, 1.3455, 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: - 101.98, 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: - 102.26(main),where a correction may happen. Break would bring 102.32, where also a correction may be. Then 102.49. If a strong impulse, we would see 102.61. Continuation will give 102.77.

Dow
Today’s support: - 16908.72(main),where a delay and correction may happen. After that 16898.21. Break of the latter will give 16886.33, 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: -16962.26, 16980.21, 16997.15 and 17012.06(main),where a delay and correction may happen. Break would bring 17038.14, where a correction may happen. Then follows 17062.63, where a delay and correction could also be. Be there a strong impulse, we’d see 17083.12. Continuation would bring 17111.22.

S&P 500
Support: - 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: - 1984.48 and 1996.88(main), where a correction may happen. Break would result in 2005.50, where correction may also be. Then 2013.51. Be there a strong impulse, we would see 2024.77. Continuation will lead to 2046.32.

NASDAQ Composite
Support: - 4424.77 and 4401.38(main), where correction is possible. Break will give 4393.10, where correction could be. Then 4385.22. Be there a strong impulse, we would see 4331.81. Continuation will lead to 4309.70.

Resistance : - 4448.00, 4454.84, 4466.19 and 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: - 1293.27 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: - 1301.77 and 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: - 20.10(main),where correction is possible. Break of the latter would give 20.03, where correction may happen. Then goes 19.80. If a strong impulse, we would see 19.58. Continuation would give 19.46.

Resistance: - 20.70, 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.