FX And Dow Jones Levels: October 29, 2014

EUR/USD

Today’s support: -1.2721, 1.2703 and 1.2687(main),where correction is possible. Break would give 1.2660, where correction also may be. Then follows 1.2641. Break of the latter would result in 1.2622. If a strong impulse, we would see 1.2600.

Today’s resistance: - 1.2763(main). Break would give 1.2789, where a correction is possible. Then goes 1.2840. Break of the latter would result in 1.2870. If a strong impulse, we’d see 1.2904.

USD/JPY

Today’s support: -107.95, 107.63 and 107.52(main).Break would bring 107.37, where correction is possible. Then 106.98, where a correction may also happen. Break of the latter will give 106.72. If a strong impulse, we would see 106.52.

Today’s resistance: - 108.28 and 108.51(main), where a correction may happen. Break would bring 108.68, where also a correction may be. Then 108.79. If a strong impulse, we would see 109.01. Continuation will give 109.15.

DOW JONES

Today’s support: - 16885.99, 16839.00, 16814.48 and16792.01(main),where a delay and correction may happen. After that 16756.82. Break of the latter will give 16740.00, where correction also can be. Then follows 16717.30. Be there a strong impulse, we shall see 16700.53. Continuation will bring 16669.22. Be the latter broken we shall go to 16651.44.

Today’s resistance: -16976.20 and 17010.37(main),where a delay and correction may happen. Break would bring 17031.47, where a correction may happen. Then follows 17057.86, where a delay and correction could also be. Be there a strong impulse, we’d see 17074.50. Continuation would bring 17105.63. Breaking of the latter will lead to 17125.66.

S&P 500

Support: - 1955.60and1946.28(main). Break will give 1937.84, where correction could be. Then follows 1929.53, where correction could also be. Be there a strong impulse, we would see 1915.91. Continuation will lead to 1890.00.

Resistance: - 1980.12(main), where a correction may happen. Break would result in 1994.02, where correction may also be. Then 2002.47. Be there a strong impulse, we would see 2018.38. Continuation will lead to 2025.05.

NASDAQ Composite

Support: -4524.49 and 4492.37(main), where correction is possible. Break will give 4469.06, where correction could be. Then 4439.87. Be there a strong impulse, we would see 4398.66. Continuation will lead to 4378.17 and 4346.11.

Resistance : - 4573.26(main), where the correction could be. Break will bring 4588.62, where the correction may also happen. Then 4601.22. Be there a strong impulse, we would see 4621.70. Continuation will lead to 4634.92.

Gold

Support: - 1226.14 and 1217.67(main).Break of the latter would give 1211.24, where correction may happen. Then goes1203.70, where correction is also possible. If a strong impuls, we would see1193.47. Continuation would give 1181.20.

Resistance: - 1237.60, 1245.65, 1254.19 and 1258.24(main),where correction is possible. The break will lead to1264.08, wherecorrection is also possible. Then follows1273.16. If a strong impulse we would have 1282.38. Continuation would bring 1305.00.

Silver

Support: - 17.10 and 16.98(main),where correction is possible. Break of the latter would give 16.87, where correction may happen. Then goes 16.65. If a strong impulse, we would see 16.51. Continuation would give 15.86.

Resistance: - 17.40, 17.66, 17.88 and 18.03(main), where correction is possible. Break will lead to 18.16, where again may be a correction. Then follows 18.38. If a strong impulse, we would have 18.65. Continuation would bring 18.90.