Good morning traders, the Dukascopy TV team is here with another Support and Resistance Level Report.
The most popular currency pair in the world, the Euro/Dollar, has stood between R1 of 1 0820 and S1 of 1 0780 since yesterday.
R1 is backed up by Price Channel Indicator Upper Line, a 150 day moving average and 2 other studies, whereas the other two resistance lines see a single confirmation each, namely, a psychological level for R2 and a 6 month high for R3. Standing at a 100 day moving average, S2 has found 6 matches, and the highest support line sees 5 confirmations. S3 is backed up by a psychological level, Price Channel Indicator Lower Line and another model.
Next up is the Cable, which has the closest levels of 1 2490 in resistance and 1 2410 in support.
Bollinger Upper Band and a 150 day moving average are among the 3 studies for R2. Standing near a psychological level, R1 sees 2 confirmations, and the highest resistance line has found a single match. S1 is a 100 day moving average with 4 models, and Price Channel Indicator Lower Line is among the 3 studies for S3. The second line counts a 20 day moving average as its only match.
Dollar/Yen has seen a decline, which leaves it below R1 of 111 90 and above S1 of 111 40.
A psychological level is among the 8 studies for R3, and R2 is a 100 day moving average with 6 models. The lowest resistance line has found a single match. S1 counts Price Channel Indicator Lower Line among its 3 models, whereas the other two support lines are psychological levels, and they both see a single confirmation.
And Dollar/Swiss Franc is trading in the range limited by R1 of 0 9960 and S1 of 0 9930.
R1 leads in resistance with no less than 11 models, and R2 is a 100 day moving average with 9 studies. Price Channel Indicator Upper Line is the only match for R3. On the support side, S1 counts Price Channel Indicator Lower Line among its 5 studies, and the other two lines see a single confirmation each. S2 stands at a 6 month low, and S3 is a 12 month low.
I’m Jack Everitt and that’s how our in-house model tests out this Wednesday morning. Do stay with us as throughout your trading day.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#208950

Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
用您的语言观看杜高斯贝电视: http://www.youtube.com/user/dukascopytvchinese
Miren Dukascopy TV en su idioma: http://www.youtube.com/user/dukascopytvspanish
Schauen Sie Dukascopy TV in Ihrer Sprache: http://www.youtube.com/user/dukascopytvgerman
Regardez la Dukascopy TV dans votre langue: http://www.youtube.com/user/dukascopytvfrench
Veja a TV Dukascopy na sua língua: http://www.youtube.com/user/dukascopytvpt

Dukascopy TV is a free educational project producing daily updates on global markets, visit http://Dukascopy.com/tv for more

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.