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Daily Forex And Dow Jones Recommended Levels: May 16, 2013

Published 05/16/2013, 08:33 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
Today’s support: - 1.2857(main),

where correction is possible. Break would give 1.2844, where correction also may be. Then follows 1.2827. Break of the latter would result in 1.2788. If a strong impulse, we would see 1.2757.

Today’s resistance: - 1.2917, 1.2936, 1.2971 and 1.3011(main). Break would give 1.3039, where a correction is possible. Then goes 1.3066. Break of the latter would result in 1.3092. If a strong impulse, we’d see 1.3111.

USD/JPY
Today’s support: - 101.64, 101.22 and 100.74(main). Break would bring 100.48, where correction is possible. Then 100.24, where a correction may also happen. Break of the latter will give 100.07. If a strong impulse, we would see 99.90.

Today’s resistance: - 102.60(main), where a correction may happen. Break would bring 102.76, where also a correction may be. Then 103.02. If a strong impulse, we would see 103.22. Continuation will give 103.48.

DOW JONES INDEX
Today’s support: - 15184.74, 15142.30, 15108.72 and 15072.20(main), where a delay and correction may happen. After that 15059.12. Break of the latter will give 15032.28, where correction also can be. Then follows 15016.33. Be there a strong impulse, we shall see 14994.22.

Today’s resistance: - 15303.00(main), where a delay and correction may happen. Break would bring 15310.23, where a correction may happen. Then follows 15339.40, where a delay and correction could also be. Be there a strong impulse, we’d see 15362.07. Continuation would bring 15392.14.

S&P500
Support: - 1644.82(main). Break will give 1637.21, where correction could be. Then follows 1622.47, where correction could also be. Be there a strong impulse, we would see 1616.70. Continuation will lead to 1608.75.

Resistance: - 1665.03(main), where a correction may happen. Break would result in 1674.10, where correction may also be. Then 1682.37. Be there a strong impulse, we would see 1692.12. Continuation will lead to 1721.20.

NASDAQ
Support: - 3445.32and 3430.51(main). Break will give 3420.67, where correction could be. Then 3408.75, where correction could also be. Be there a strong impulse, we would see 3393.36. Continuation will lead to 3382.88.

Resistance : - 3477.20(main), where the correction could be. Break will bring 3486.50, where the correction may also happen. Then 3498.12. Be there a strong impulse, we would see 3511.40. Continuation will lead to 3532.47.

GOLD
Support: - 1383.13(main). Break of the latter would give 1372.50, where correction may happen. Then goes1368.80, where correction is also possible. If a strong impuls, we would see1350.06. Continuation would give 1338.72.

Resistance: - 1421.06(main), where correction is possible. The break will lead to1435.38, where correction is also possible. Then follows1451.30. If a strong impulse we would have1479.68. Continuation would bring 1485.36.

SILVER
Support: - 22.44and22.28(main), where correction is possible. Break of the latter would give 21.99, where correction may happen. Then goes 21.77. If a strong impulse, we would see 21.62. Continuation would give 21.47 and 21.25.

Resistance: - 23.15, 23.43, 23.61 and 23.87(main), where correction is possible. Break will lead to 24.01, where again may be a correction. Then follows 24.30. If a strong impulse, we would have 24.57. Continuation would bring 24.72.

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