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Daily Forex And Dow Jones Recommended Levels: February 28, 2014

Published 02/28/2014, 07:08 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
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USD/JPY
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NDX
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DJI
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GC
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SI
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MLDc1
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EUR/USD
Today’s support: - 1.3680, 1.3656 and 1.3633(main), where correction is possible. Break would give 1.3615, where correction also may be. Then follows 1.3592. Break of the latter would result in 1.3669. If a strong impulse, we would see 1.3555 and 1.3540.

Today’s resistance: - 1.3726, 1.3750and 1.3770(main).Break would give 1.3793, where a correction is possible. Then goes 1.3818. Break of the latter would result in 1.3837. If a strong impulse, we’d see 1.3858.

USD/JPY
Today’s support: - 101.46 and 101.24(main).Break would bring 100.80, where correction is possible. Then 100.61, where a correction may also happen. Break of the latter will give 100.46. If a strong impulse, we would see 100.22.

Today’s resistance: - 101.99and 102.27(main),where a correction may happen. Break would bring 102.46, where also a correction may be. Then 102.62. If a strong impulse, we would see 102.72. Continuation will give 102.83.

DOW JONES
Today’s support: - 16110.00, 15961.34, 15911.44and 15840.00(main),
where a delay and correction may happen. After that 15773.46. Break of the latter will give 15746.37, where correction also can be. Then follows 15716.23. Be there a strong impulse, we shall see 15693.22. Continuation will bring 15662.12.

Today’s resistance: -16302.10 and 16320.75(main),where a delay and correction may happen. Break would bring 16346.27, where a correction may happen. Then follows 16375.40, where a delay and correction could also be. Be there a strong impulse, we’d see 16402.45. Continuation would bring 16422.20 and 16470.00

S&P500
Support: - 1834.11, 1827.42and 1816.80(main). Break will give 1810.20, where correction could be. Then follows 1800.00, where correction could also be. Be there a strong impulse, we would see 1787.65. Continuation will lead to 1777.50 .

Resistance: - 1855.20 and 1867.50(main), where a correction may happen. Break would result in 1874.12, where correction may also be. Then 1890.07. Be there a strong impulse, we would see 1902.28. Continuation will lead to 1921.30.

NASDAQ
Support: - 4280.67, 4266.40 and 4252.38(main), where correction is possible. Break will give 4236.39, where correction could be. Then 4228.64, where correction could also be. Be there a strong impulse, we would see 4212.13. Continuation will lead to 4201.80 .

Resistance : - 4303.12(main), where the correction could be. Break will bring 4321.40, where the correction may also happen. Then 4342.12. Be there a strong impulse, we would see 4353.61. Continuation will lead to 4374.22.

GOLD
Support: - 1317.38, 1312.64 and 1303.00(main).Break of the latter would give 1291.24, where correction may happen. Then goes1282.50, where correction is also possible. If a strong impuls, we would see1270.03. Continuation would give 1255.71.

Resistance: - 1335.40 and 1344.10(main),where correction is possible. The break will lead to1352.81, where correction is also possible. Then follows1366.87. If a strong impulse we would have1381.70. Continuation would bring 1395.36.

SILVER
Support: -20.97(main),where correction is possible. Break of the latter would give 20.69, where correction may happen. Then goes 20.42. If a strong impulse, we would see 20.21. Continuation would give 20.02.

Resistance: - 21.50, 21.72, 22.10 and 22.24(main),where correction is possible. Break will lead to 22.36, where again may be a correction. Then follows 22.57. If a strong impulse, we would have 22.78. Continuation would bring 22.95.

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