Daily FX, Dow Jones Levels: November 07, 2014

EUR/USD

Today’s support: -1.2463, 1.2438 and 1.2420(main),where correction is possible. Break would give 1.2396, where correction also may be. Then follows 1.2371. Break of the latter would result in 1.2347. If a strong impulse, we would see 1.2330.

Today’s resistance: - 1.2466, 1.2481, 1.2499 and 1.2510(main).Break would give 1.2527, where a correction is possible. Then goes 1.2556. Break of the latter would result in 1.2578. If a strong impulse, we’d see 1.2602.

USD/JPY

Today’s support: - 114.48, 114.01, 113.70 and 113.40(main).Break would bring 113.07, where correction is possible. Then 112.92, where a correction may also happen. Break of the latter will give 112.50. If a strong impulse, we would see 112.33 and 112.05.

Today’s resistance: - 115.62(main), where a correction may happen. Break would bring 115.62, where also a correction may be. Then 115.88. If a strong impulse, we would see 116.07. Continuation will give 116.36.

Dow 30

Today’s support: - 17460.00 and17426.28(main),where a delay and correction may happen. After that 17410.78. Break of the latter will give 17387.80, where correction also can be. Then follows 17372.81. Be there a strong impulse, we shall see 17323.36. Continuation will bring 17283.17. Be the latter broken we shall go to 17257.34.

Today’s resistance: -17516.20, 17533.12 and17552.83(main),where a delay and correction may happen. Break would bring 17570.40, where a correction may happen. Then follows 17634.38, where a delay and correction could also be. Be there a strong impulse, we’d see 17661.23. Continuation would bring 17682.19. Breaking of the latter will lead to 17715.94 and 17728.59.

S&P 500

Support: - 2007.26(main). Break will give 1995.48, where correction could be. Then follows 1988.32, where correction could also be. Be there a strong impulse, we would see 1975.17. Continuation will lead to 1955.60 and 1946.28.

Resistance: - 2025.05(main), where a correction may happen. Break would result in 2036.72, where correction may also be. Then 2041.33. Be there a strong impulse, we would see 2047.54. Continuation will lead to 2068.92.

NASDAQ Composite

Support: - 4619.66, 4590.00 and 4573.12(main), where correction is possible. Break will give 4539.60, where correction could be. Then 4524.49. Be there a strong impulse, we would see 4511.02. Continuation will lead to 4492.37.

Resistance : - 42651.58(main), where the correction could be. Break will bring 4675.31, where the correction may also happen. Then 4702.30. Be there a strong impulse, we would see 4724.32. Continuation will lead to 4774.60.

Gold

Support: - 1130.62 (main).Break of the latter would give 1123.03, where correction may happen. Then 1115.63, where correction may also be. If a strong impulse, we’ll get 1108.13. Continuation would give1082.11.

Resistance: - 1147.92, 1166.49, 1184.25and 1192.40(main),where correction is possible. The break will lead to1203.80, wherecorrection is also possible. Then follows1216.21. If a strong impulse we would have 1224.43. Continuation would bring 1229.23.

Silver

Support: - 15.05 and 14.86(main),where correction is possible. Break of the latter would give 14.64, where correction may happen. Then goes 14.35. If a strong impulse, we would see 14.13. Continuation would give 13.85.

Resistance: - 15.49, 15.77, 15.97 and 16.20(main), where correction is possible. Break will lead to 16.36, where again may be a correction. Then follows 16.65. If a strong impulse, we would have 16.84. Continuation would bring 17.13.