Daily Forex And Dow Jones Recommended Levels: October 21, 2014

EUR/USD

Today’s support: - 1.2736 and1.2708(main),where correction is possible. Break would give 1.2688, where correction also may be. Then follows 1.2647. Break of the latter would result in 1.2622. If a strong impulse, we would see 1.2600.

Today’s resistance: - 1.2789, 1.28401.2870 and 1.2904(main). Break would give 1.2926, where a correction is possible. Then goes 1.2957. Break of the latter would result in 1.2978. If a strong impulse, we’d see 1.3005.

USD/JPY

Today’s support: -106.38 and 106.06(main).Break would bring 105.94, where correction is possible. Then 105.76, where a correction may also happen. Break of the latter will give 105.55. If a strong impulse, we would see 105.28.

Today’s resistance: - 107.53(main), where a correction may happen. Break would bring 107.84, where also a correction may be. Then 108.09. If a strong impulse, we would see 108.28. Continuation will give 108.51.

DOW JONES

Today’s support: - 16257.31, 16195.31, 1.6143.70 and16110.43(main),where a delay and correction may happen. After that 16087.46. Break of the latter will give 16065.00, where correction also can be. Then follows 16042.44. Be there a strong impulse, we shall see 16020.14. Continuation will bring 15995.50. Be the latter broken we shall go to 15976.20.

Today’s resistance: -16402.50(main),where a delay and correction may happen. Break would bring 16419.38, where a correction may happen. Then follows 16445.56, where a delay and correction could also be. Be there a strong impulse, we’d see 16472.82. Continuation would bring 16503.80. Breaking of the latter will lead to 16544.70 and 16560.28.

S&P 500

Support: - 1859.28, 1835.35, 1816.88 and1803.30(main). Break will give 1788.85, where correction could be. Then follows 1767.30, where correction could also be. Be there a strong impulse, we would see 1754.33. Continuation will lead to 1732.41 and 1712.63.

Resistance: - 1895.57 and 1910.45(main), where a correction may happen. Break would result in 1929.30, where correction may also be. Then 1945.71. Be there a strong impulse, we would see 1953.79. Continuation will lead to 1971.38 and 1980.12.

NASDAQ

Support: -4234.71, 4196.20 and 4177.89(main), where correction is possible. Break will give 4164.40, where correction could be. Then 4155.04. Be there a strong impulse, we would see 4145.23. Continuation will lead to 4117.57.

Resistance : - 4277.71, 4297.50 and 4315.19(main), where the correction could be. Break will bring 4349.06, where the correction may also happen. Then 4370.48. Be there a strong impulse, we would see 4398.70. Continuation will lead to 4408.32 and 4421.30.

Gold

Support: - 1231.46, 1217.67, 1211.24 and 1203.70 (main).Break of the latter would give 1193.40, where correction may happen. Then goes1182.26, where correction is also possible. If a strong impuls, we would see1158.70. Continuation would give 1133.60.

Resistance: - 1238.30 and 1249.37(main),where correction is possible. The break will lead to1258.24, wherecorrection is also possible. Then follows1273.16. If a strong impulse we would have 1282.38. Continuation would bring 1305.00.

Silver

Support: - 17.22, 17.16, 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: - 17.52, 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.