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Silver: Resistance Continuation Would Bring 18.90

By Technical TradingMarket OverviewOct 27, 2014 04:11AM ET
www.investing.com/analysis/silver:-resistance-continuation-would-bring-18.90-230341
Silver: Resistance Continuation Would Bring 18.90
By Technical Trading   |  Oct 27, 2014 04:11AM ET
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EUR/USD

Today’s support: -1.2660, 1.2641, 1.2622 and 1.2600(main),where correction is possible. Break would give 1.2574, where correction also may be. Then follows 1.2549. Break of the latter would result in 1.2521. If a strong impulse, we would see 1.2499.

Today’s resistance: - 1.2719, 1.2741 and 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: -107.80, 107.37, 106.98 and 106.72(main).Break would bring 106.52, where correction is possible. Then 106.38, where a correction may also happen. Break of the latter will give 106.06. If a strong impulse, we would see 105.94.

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: - 16688.20, 16630.75, 16592.50 and 16561.10(main),where a delay and correction may happen. After that 16546.52. Break of the latter will give 16518.00, where correction also can be. Then follows 16499.12. Be there a strong impulse, we shall see 16470.06. Continuation will bring 16448.50. Be the latter broken we shall go to 16382.70.

Today’s resistance: -16785.07(main),where a delay and correction may happen. Break would bring 16808.47, where a correction may happen. Then follows 16831.36, where a delay and correction could also be. Be there a strong impulse, we’d see 16852.30. Continuation would bring 16876.38. Breaking of the latter will lead to 16902.11 and 16922.14.

S&P 500

Support: - 1937.84, 1929.53, 1915.91and1890.00(main). Break will give 1859.28, where correction could be. Then follows 183535, where correction could also be. Be there a strong impulse, we would see 1816.88. Continuation will lead to 1803.30.

Resistance: - 1957.50(main), where a correction may happen. Break would result in 1964.17, where correction may also be. Then 1971.38. Be there a strong impulse, we would see 1980.12. Continuation will lead to 1994.02.

NASDAQ

Support: -4439.87, 4398.66, 4378.17 and 4346.11(main), where correction is possible. Break will give 4327.52, where correction could be. Then 4296.50. Be there a strong impulse, we would see 4269.30. Continuation will lead to 4234.71.

Resistance : - 4501.40(main), where the correction could be. Break will bring 4526.30, where the correction may also happen. Then 4547.82. Be there a strong impulse, we would see 4573.26. Continuation will lead to 4588.62.

Gold

Support: - 1226.19 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, where correction 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.

Silver: Resistance Continuation Would Bring 18.90
 

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Silver: Resistance Continuation Would Bring 18.90

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