Daily Forex And Dow Jones Recommended Levels: May 20, 2013

Published 05/20/2013, 05:27 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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USD/JPY
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NDX
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DJI
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GC
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SI
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MAIN
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EUR/USD
Today’s support: - 1.2780(main),

where correction is possible. Break would give 1.2757, where correction also may be. Then follows 1.2736. Break of the latter would result in 1.2709. If a strong impulse, we would see 1.26925 and 1.2679.

Today’s resistance: - 1.2870, 1.2893 and 1.2917(main). Break would give 1.2936, where a correction is possible. Then goes 1.2971. Break of the latter would result in 1.3011. If a strong impulse, we’d see 1.3039.

USD/JPY
Today’s support: - 102.44, 102.26and 101.89(main). Break would bring 101.64, where correction is possible. Then 101.22, where a correction may also happen. Break of the latter will give 100.74. If a strong impulse, we would see 100.48.

Today’s resistance: - 103.22 and 103.48(main), where a correction may happen. Break would bring 103.83, where also a correction may be. Then 104.00. If a strong impulse, we would see 104.29. Continuation will give 104.51.

DOW JONES INDEX
Today’s support: - 15266.27 and 15217.17(main), where a delay and correction may happen. After that 15184.74. Break of the latter will give 15142.30, where correction also can be. Then follows 15108.72. Be there a strong impulse, we shall see 15072.20.

Today’s resistance: - 15362.07(main), where a delay and correction may happen. Break would bring 15392.14, where a correction may happen. Then follows 15410.06, where a delay and correction could also be. Be there a strong impulse, we’d see 15440.63. Continuation would bring 15461.16.

S&P500
Support: - 1653.27 and 1644.82(main). Break will give 1637.21, where correction could be. Then follows 1622.47, where correction could also be. Be there a strong impulse, we would see 1616.70. Continuation will lead to 1608.75.

Resistance: - 1674.10(main), where a correction may happen. Break would result in 1692.12, where correction may also be. Then 1710.00. Be there a strong impulse, we would see 1721.20. Continuation will lead to 1740.18.

NASDAQ
Support: - 3476.70and 3462.28(main). Break will give 3455.70, where correction could be. Then 3445.32, where correction could also be. Be there a strong impulse, we would see 3430.51. Continuation will lead to 3420.67.

Resistance : - 3511.40(main), where the correction could be. Break will bring 3532.47, where the correction may also happen. Then 3564.23. Be there a strong impulse, we would see 3595.30. Continuation will lead to 3621.44.

GOLD
Support: - 1327.50, 1316.30 and1288.13 (main). Break of the latter would give 1266.60, where correction may happen. Then goes1234.50, where correction is also possible. If a strong impuls, we would see1218.00. Continuation would give 1193.40.

Resistance: - 1363.20, 1395.00, 1412.08 and 1421.06(main), where correction is possible. The break will lead to1435.38, where correction is also possible. Then follows1451.30. If a strong impulse we would have1479.68. Continuation would bring 1485.36.

SILVER
Support: - 21.06, 20.70and20.23(main), where correction is possible. Break of the latter would give 20.01, where correction may happen. Then goes 19.77. If a strong impulse, we would see 19.48. Continuation would give 19.24.

Resistance: - 21.80 and 22.05(main), where correction is possible. Break will lead to 22.26, where again may be a correction. Then follows 22.51. If a strong impulse, we would have 22.78. Continuation would bring 22.93.

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