Daily FX, Dow Jones Levels: October 08, 2014

EUR/USD

Today’s support: - 1.2600 and 1.2573(main), where correction is possible. Break would give 1.2549, where correction also may be. Then follows 1.2521. Break of the latter would result in 1.2498. If a strong impulse, we would see 1.2470.

Today’s resistance: - 1.2667 and 1.2690(main). Break would give 1.2703, where a correction is possible. Then goes 1.2724. Break of the latter would result in 1.2756. If a strong impulse, we’d see 1.2775.

USD/JPY

Today’s support: -108.07, 107.78 and 107.51(main).Break would bring 107.27, where correction is possible. Then 107.10, where a correction may also happen. Break of the latter will give 106.96. If a strong impulse, we would see 106.76 and 106.63.

Today’s resistance: - 108.78 and 109.03(main), where a correction may happen. Break would bring 109.27, where also a correction may be. Then 109.58. If a strong impulse, we would see 109.80. Continuation will give 110.03.

DOW JONES

Today’s support: - 16694.21 and 16652.83(main),where a delay and correction may happen. After that 16621.87. Break of the latter will give 16599.38, where correction also can be. Then follows 16571.20. Be there a strong impulse, we shall see 16558.03. Continuation will bring 16544.53. Be the latter broken we shall go to 16503.12 and 16470.28.

Today’s resistance: -16801.88and16830.33(main),where a delay and correction may happen. Break would bring 16852.60, where a correction may happen. Then follows 16877.70, where a delay and correction could also be. Be there a strong impulse, we’d see 16905.12. Continuation would bring 16924.61 and 16953.72.

S&P 500

Support: - 1938.23 and 1923.70(main). Break will give 1912.50, where correction could be. Then follows 1902.30, where correction could also be. Be there a strong impulse, we would see 1892.84. Continuation will lead to 1869.40.

Resistance: - 1962.44,1971.38 and 1980.12(main), where a correction may happen. Break would result in 1993.15, where correction may also be. Then 2005.46. Be there a strong impulse, we would see 2013.72. Continuation will lead to 2019.36.

NASDAQ

Support: - 4368.43(main), where correction is possible. Break will give 4350.12, where correction could be. Then 4323.00. Be there a strong impulse, we would see 4307.70. Continuation will lead to 4298.10.

Resistance : - 4405.49 and 4418.83(main), where the correction could be. Break will bring 4449.51, where the correction may also happen. Then 4477.53. Be there a strong impulse, we would see 4498.46. Continuation will lead to 4516.33.

Gold

Support: - 1203.70, 1193.40,1182.26 and 1158.70 (main).Break of the latter would give 1133.60, where correction may happen. Then goes1123.42, where correction is also possible. If a strong impuls, we would see1108.12. Continuation would give 1080.44.

Resistance: - 1215.06(main),where correction is possible. The break will lead to1223.62, wherecorrection is also possible. Then follows1227.73. If a strong impulse we would have 1233.15. Continuation would bring 1260.00.

Silver

Support: - 16.98, 16.87, 16.51 and 16.42(main),where correction is possible. Break of the latter would give 16.36, where correction may happen. Then goes 16.20. If a strong impulse, we would see 15.98. Continuation would give 15.86.

Resistance: - 17.38 and 17.55(main), where correction is possible. Break will lead to 17.67, where again may be a correction. Then follows 17.86. If a strong impulse, we would have 18.03. Continuation would bring 18.16.