Daily Forex And Dow Jones Recommended Levels: October 22, 2014

EUR/USD

Today’s support: -1.2708(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: - 1.2741 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: -106.52, 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: - 107.13, 107.31 and 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: - 16495.06 and16470.23(main),where a delay and correction may happen. After that 16448.10. Break of the latter will give 16420.37, where correction also can be. Then follows 16402.50. Be there a strong impulse, we shall see 16382.70. Continuation will bring 16345.23. Be the latter broken we shall go to 16317.13 and 16296.62.

Today’s resistance: -16606.00(main),where a delay and correction may happen. Break would bring 16628.30, where a correction may happen. Then follows 16654.63, where a delay and correction could also be. Be there a strong impulse, we’d see 16677.12. Continuation would bring 16698.20. Breaking of the latter will lead to 16722.13 and 16740.00.

S&P 500

Support: - 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: - 1945.71(main), where a correction may happen. Break would result in 1953.79, 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: -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 : - 4421.30(main), where the correction could be. Break will bring 4454.08, where the correction may also happen. Then 4471.85. Be there a strong impulse, we would see 4501.40. Continuation will lead to 4526.37 and 4547.82.

Gold

Support: - 1243.37 and 1237.52(main).Break of the latter would give 1231.46, where correction may happen. Then goes1217.67, where correction is also possible. If a strong impuls, we would see1211.24. Continuation would give 1203.70.

Resistance: - 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: - 17.33, 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: - 17.66, 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.