Daily FX, Dow Technicals: December 17, 2014

EUR/USD

Today’s support: -1.2416, 1.2398 and 1.2364(main),where correction is possible. Break would give 1.2352, where correction also may be. Then follows 1.2323. Break of the latter would result in 1.2301. If a strong impulse, we would see 1.2274.

Today’s resistance: - 1.2576(main). Break would give 1.2603, where a correction is possible. Then goes 1.2629. Break of the latter would result in 1.2656. If a strong impulse, we’d see 1.2679.

USD/JPY

Today’s support: - 116.10, 115.76, 115.50 and 115.24(main).Break would bring 114.92, where correction is possible. Then 114.64, where a correction may also happen. Break of the latter will give 114.38. If a strong impulse, we would see 114.19.

Today’s resistance: - 117.47, 117.95, 118.23 and 118.52(main), where a correction may happen. Break would bring 118.70, where also a correction may be. Then 118.97. If a strong impulse, we would see 119.92. Continuation will give 120.13.

DOW JONES

Today’s support: - 17021.56(main),where a delay and correction may happen. After that 17012.78. Break of the latter will give 16993.12, where correction also can be. Then follows 16980.30. Be there a strong impulse, we shall see 16965.03 and 16931.28.

Today’s resistance: -17198.86, 17236.10, 17281.10 and 17343.75(main),where a delay and correction may happen. Break would bring 17366.38, where a correction may happen. Then follows 17392.46, where a delay and correction could also be. Be there a strong impulse, we’d see 17415.87. Continuation would bring 17437.50.

S&P 500

Support: - 1968.75(main). Break will give 1747.23, where correction could be. Then follows 1947.23, where correction could also be. Be there a strong impulse, we would see 1924.00. Continuation will lead to 1912.43 and 1895.62.

Resistance: - 2002.50, 2009.78, 2026.94 and 2038.91(main), where a correction may happen. Break would result in 2044.40, where correction may also be. Then 2055.17. Be there a strong impulse, we would see 2064.14. Continuation will lead to 2076.60.

NASDAQ Composite

Support: -4545.07(main), where correction is possible. Break will give 4478.52, where correction could be. Then 4453.00. Be there a strong impulse, we would see 4428.67. Continuation will 4410.00.

Resistance : - 4614.47 and 4624.85(main), where the correction could be. Break will bring 4646.25, where the correction may also happen. Then 4657.33. Be there a strong impulse, we would see 4680.02. Continuation will lead to 4712.66.

Gold

Support: - 1187.04(main).Break of the latter would give 1181.25, where correction may happen. Then 1168.89, where correction may also be. If a strong impulse, we’ll get 1147.34. Continuation would give1135.22.

Resistance: - 1201.24, 1214.87, 1223.02 and 1238.50(main),where correction is possible. The break will lead to1246.20, wherecorrection is also possible. Then follows1265.23. If a strong impulse we would have 1281.90. Continuation would bring 1305.00.

Silver

Support: - 15.41(main),where correction is possible. Break of the latter would give 15.19, where correction may happen. Then goes 14.91. If a strong impulse, we would see 14.70. Continuation would give 14.38.

Resistance: - 16.36, 16.65 and 16.84(main), where correction is possible. Break will lead to 17.05, where again may be a correction. Then follows 17.21. If a strong impulse, we would have 17.44. Continuation would bring 17.71.