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Daily Forex And Dow Jones Recommended Levels: May 7, 2013

Published 05/07/2013, 03:31 AM
Updated 03/09/2019, 08:30 AM
EUR/USD
Today’s support: - 1.3050 and 1.3028(main),

where correction is possible. Break would give 1.3019, where correction also may be. Then follows 1.3002. Break of the latter would result in 1.2970. If a strong impulse, we would see 1.2953.

Today’s resistance: - 1.3118 and 1.3140(main). Break would give 1.3165, where a correction is possible. Then goes 1.3183. Break of the latter would result in 1.3208. If a strong impulse, we’d see 1.3230.

USD/JPY
Today’s support: - 98.40, 97.99, 97.49 and 97.20(main). Break would bring 96.90, where correction is possible. Then 96.52, where a correction may also happen. Break of the latter will give 96.32. If a strong impulse, we would see 96.17.

Today’s resistance: - 99.56and 99.90(main), where a correction may happen. Break would bring 1.0024, where also a correction may be. 1.0043. If a strong impulse, we would see 1.0076. Continuation will give 1 .0102.

DOW JONES INDEX
Today’s support: -14940.03 and 14906.20(main), where a delay and correction may happen. After that 14882.70.19. Break of the latter will give 14853.62, where correction also can be. Then follows 14833.11. Be there a strong impulse, we shall see 14806.41.

Today’s resistance: - 15036.62(main), where a delay and correction may happen. Break would bring 15059.12, where a correction may happen. Then follows 15086.25, where a delay and correction could also be. Be there a strong impulse, we’d see 15108.33. Continuation would bring 15122.8.

S&P500
Support: - 1609.88, 1601.72, 1597.50 and 1586.20(main). Break will give 1572.90, where correction could be. Then follows 1563.70, where correction could also be. Be there a strong impulse, we would see 1548.87. Continuation will lead to 1530.00.

Resistance: - 1620.03(main), where a correction may happen. Break would result in 1632.20, where correction may also be. Then 1643.00. Be there a strong impulse, we would see 1654.70. Continuation will lead to 1665.03.

NASDAQ
Support: - 3376.72, 3363.70 and 3348.69(main). Break will give 3322.72, where correction could be. Then 3314.12, where correction could also be. Be there a strong impulse, we would see 3296.20. Continuation will lead to 3284.30.

Resistance : - 3408.70(main), where the correction could be. Break will bring 3418..60, where the correction may also happen. Then 3442.43. Be there a strong impulse, we would see 3464.87. Continuation will lead to 3486.50.

GOLD
Support: - 1456.88 and 1441.23(main). Break of the latter would give 1420.98, where correction may happen. Then goes1409.43, where correction is also possible. If a strong impuls, we would see1383.13. Continuation would give 1362.36.

Resistance: - 1470.54, 1479.68 and 1485.36(main), where correction is possible. The break will lead to1496.28, where correction is also possible. Then follows1518.70. If a strong impulse we would have1541.23. Continuation would bring 1574.37.

SILVER
Support: - 23.63, 23.40and22.90(main), where correction is possible. Break of the latter would give 22.79, where correction may happen. Then goes 22.63. If a strong impulse, we would see 22.50. Continuation would give 22.28.

Resistance: - 24.30 and 24.57(main), where correction is possible. Break will lead to 24.72, where again may be a correction. Then follows 24.86. If a strong impulse, we would have 25.03. Continuation would bring 25.31

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