Daily FX, Dow Jones Levels: August 29, 2014

EUR/USD

Today’s support: - 1.3162 and 1.3140(main), where correction is possible. Break would give 1.3126, where correction also may be. Then follows 1.3108. Break of the latter would result in 1.3094. If a strong impulse, we would see 1.3073.

Today’s resistance: - 1.3219 and 1.3233(main). Break would give 1.3254, where a correction is possible. Then goes 1.3276. Break of the latter would result in 1.3298. If a strong impulse, we’d see 1.3305 and 1.3319.

USD/JPY

Today’s support: - 103.48, 103.26 and 103.05(main).Break would bring 102.93, where correction is possible. Then 102.71, where a correction may also happen. Break of the latter will give 102.38. If a strong impulse, we would see 102.17.

Today’s resistance: - 103.99, 104.23 and 104.45(main),where a correction may happen. Break would bring 104.72, where also a correction may be. Then 104.97. If a strong impulse, we would see 105.28. Continuation will give 105.50.

DOW JONES

Today’s support: - 17055.00 and17032.50(main),where a delay and correction may happen. After that 17010.08. Break of the latter will give 16976.22, where correction also can be. Then follows 16953.62. Be there a strong impulse, we shall see 16922.14. Continuation will bring 16903.13.

Today’s resistance: -17100.63, 17140.26, 17159.20 and 17178.70(main),where a delay and correction may happen. Break would bring 17193.06, where a correction may happen. Then follows 17210.50, where a delay and correction could also be. Be there a strong impulse, we’d see 17226.37. Continuation would bring 16257.66 and 17282.76.

S&P 500

Support: - 1993.99, 1987.60, 1979.06 and 1970.11(main). Break will give 1960.49, where correction could be. Then follows 1945.12, where correction could also be. Be there a strong impulse, we would see 1936.25. Continuation will lead to 1923.70.

Resistance: - 2008.13(main), where a correction may happen. Break would result in 2013.72, where correction may also be. Then 2019.36. Be there a strong impulse, we would see 2043.80. Continuation will lead to 2070.07.

NASDAQ Composite

Support: - 4545.00(main), where correction is possible. Break will give 4533.26, where correction could be. Then 4519.87. Be there a strong impulse, we would see 4507.64. Continuation will lead to 4493.15.

Resistance : - 4558.14 and 4573.08(main), where the correction could be. Break will bring 4592.10, where the correction may also happen. Then 4601.27. Be there a strong impulse, we would see 4620.40. Continuation will lead to 4635.00.

Gold

Support: - 1285.00, 1277.31 and 1269.43(main).Break of the latter would give 1261.03, where correction may happen. Then goes1248.66, where correction is also possible. If a strong impuls, we would see1236.84. Continuation would give 1216.00.

Resistance: - 1292.80(main),where correction is possible. The break will lead to1300.00, wherecorrection is also possible. Then follows1308.20. If a strong impulse we would have 1314.06. Continuation would bring 1322.07.

Silver

Support: - 19.40, 19.32 and 19.23(main),where correction is possible. Break of the latter would give 19.58, where correction may happen. Then goes 19.46. If a strong impulse, we would see 19.34. Continuation would give 19.23.

Resistance: - 19.78 and 19.93(main), where correction is possible. Break will lead to 20.16, where again may be a correction. Then follows 20.25. If a strong impulse, we would have 20.52. Continuation would bring 20.70.