Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Daily Forex And Dow Jones Recommended Levels: May 8, 2013

Published 05/08/2013, 04:16 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: - 99.23, 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: - 14994.22, 149689.50, 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: - 15086.25(main),where a delay and correction may happen. Break would bring 15108.33, where a correction may happen. Then follows 15122.81, where a delay and correction could also be. Be there a strong impulse, we’d see 15134.88. Continuation would bring 15162.17.

S&P500
Support: - 1616.70and 1608.75(main). Break will give 1601.72, where correction could be. Then follows 1597.50, where correction could also be. Be there a strong impulse, we would see 1586.20. Continuation will lead to 1572.90.

Resistance: - 1632.20(main), where a correction may happen. Break would result in 1643.00, where correction may also be. Then 1654.70. Be there a strong impulse, we would see 1665.03. Continuation will lead to 1692.12.

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: - 1446.13 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.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.