Daily FX, Dow Jones Levels: July 18, 2014

EUR/USD

Today’s support: - 1.3500(main),where correction is possible. Break would give 1.3489, where correction also may be. Then follows 1.3468. Break of the latter would result in 1.3455. If a strong impulse, we would see 1.3438.

Today’s resistance: - 1.3546, 1.3567 and 1.3590(main).Break would give 1.3614, where a correction is possible. Then goes 1.3635. Break of the latter would result in 1.3653. If a strong impulse, we’d see 1.3672.

USD/JPY

Today’s support: - 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: - 101.48, 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: - 16959.38, 16945.29 and16920.00(main),where a delay and correction may happen. After that 16908.77. Break of the latter will give 16875.11, where correction also can be. Then follows 16857.13. Be there a strong impulse, we shall see 16831.42. Continuation will bring 16807.60.

Today’s resistance: -17011.30, 17033.90, 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: - 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: - 1975.45, 1982.41 and 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 Composite

Support: - 4331.41and4309.70(main), where correction is possible. Break will give 4298.50, where correction could be. Then 4277.03. Be there a strong impulse, we would see 4253.18. Continuation will lead to 4232.80.

Resistance : - 4376.71, 4406.25, 4433.50 and 4456.45(main), where the correction could be. Break will bring 4465.10, where the correction may also happen. Then 4477.50. Be there a strong impulse, we would see 4504.61. Continuation will lead to 4529.10.

Gold

Support: - 1307.42, 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: - 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: - 20.70 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: - 21.26, 21.48 and 21.63(main), where correction is possible. Break will lead to 21.88, where again may be a correction. Then follows 22.07. If a strong impulse, we would have 22.28. Continuation would bring 22.50.