03.12.2014 – Support and Resistance by Dukascopy
December 3, 2014 7:58 amVideo
Latest News
- Analysis of EUR/USD pair on May 31st. EU inflation supports the euro May 31, 2024
- Analysis of GBP/USD pair on May 31st. The PCE index also works against the dollar May 31, 2024
- USD/JPY: Simple trading tips for novice traders on May 31st (US session) May 31, 2024
- GBP/USD: Simple trading tips for novice traders on May 31st (US session) May 31, 2024
- Technical Analysis – US 100 stock index might lose more in short-term May 31, 2024
- EUR/USD: Simple trading tips for novice traders on May 31st (US session) May 31, 2024
- GBP/USD: trading plan for the US session on May 31st (analysis of morning deals). The pound was bought in the area of 1.2706 May 31, 2024
- EUR/USD: trading plan for the US session on May 31st (analysis of morning deals). The euro continued to grow May 31, 2024
- EUR/USD. May 31st. The economic data stopped the bears again May 31, 2024
- GBP/USD. May 31st. Bears remain weak and the pound rises alongside euro May 31, 2024
- Weekly Forex Outlook: 31/05/2024 – ECB cut might get eclipsed by BoC surprise and NFP May 31, 2024
- Cryptos consolidate as spot Ether ETF excitement fades – Crypto News May 31, 2024
- Technical Analysis – USDJPY may retest 157.70 May 31, 2024
- June forecast: Dollar index poised for growth May 31, 2024
- Week Ahead – ECB rate cut might get eclipsed by BoC surprise and NFP report May 31, 2024
- Forex forecast 05/31/2024: EUR/USD, GBP/USD, USD/JPY and Bitcoin from Sebastian Seliga May 31, 2024
- EUR/USD and GBP/USD: Technical analysis on May 31 May 31, 2024
- Market Comment – US and Eurozone inflation data in focus May 31, 2024
- Technical Analysis – EURGBP stuck around the crucial 0.8500 floor May 31, 2024
- Technical Analysis – USDCAD meets uptrend line again and again May 31, 2024
You’re watching another Support and Resistance Level Report. I’m Doireann McDermott and here’s a look at how our in-house model tests out on Wednesday.
First up is the Euro/Dollar, which trades between R1 of 1 2380 and S1 of 1 2350.
R2 leads in resistance with 8 matches, including a 20 day moving average. R3 follows with 6 confirmations and it’s a psychological level. R1 has a Bollinger lower band among its 5 matches. S1 is backed up by price channel indicator lower line, 2 year low and 5 more models .S3 is a psychological level with a total of 2 matches and S2 has a single confirmation.
Pound/Dollar has dropped below R1 of 1 57 and it now has S1 of 1 5590.
A 10 day moving average is one of the 10 matches for R1. R2 has 3 confirmations, including Bollinger upper band and a 50 day moving average. R3 is a psychological level with a total of 2 matches. S1 leads in support with 8 matches – it’s both a 12 month low and price channel indicator lower line. S3 is a psychological level with a total of 2 matches. S2 is backed up by Bollinger lower band.
Dollar/Yen has the closest levels of 119 30 in resistance and 119 in support.
Price channel indicator upper line is among the 3 matches for R1. R2 is a psychological level with a total of 2 confirmations and there’s just a single match for R3. S1 and S2 both have found 8 matches. S1 is near a 4 year high and S2 is a 10 day moving average. S3 is backed up by a 20 day moving average.
Dollar/Swissie has been on a rise and it now trades between R1 of 0 9740 and S1 of 0 9650.
R1 has found 9 matches, including price channel indicator upper line, 12 month high and Bollinger upper band. Psychological level is one of the 3 confirmations for R3. R2 has 2 matches and it’s a 2 year high. S1 is backed up by a 20 day moving average and 10 more models. S3 has price channel indicator lower line among its 3 confirmations and only Bollinger lower band is near S2.
That’s it for Wednesday’s report, but we’ll be returning tomorrow with the next run-down of the key price levels. Goodbye.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#142725
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
Related Posts: