You’re watching the Support and Resistance Level Report for Thursday. I’m Ben Jones and here’s how our in-house model tests out today. Euro/Dollar has seen some upward movement, and it now has the closest levels of 1 2670 in resistance and 1 2640 in support. A 20 day moving average is among the 7 models for R3, and the lowest resistance line has found 4 confirmations. R2 is a 10 day moving average with 3 studies. S2 counts Price Channel Indicator Lower Line and a 2 year low among its 9 confirmations, and S1 has found 6 matches, including Bollinger Lower Band. The lowest support line is a psychological level with 2 models. The Cable has regained some ground as well and now stands between R1 of 1 6230 and S1 of 1 62. R1 is the most confirmed resistance line with 7 models, and a 10 day moving average is among the 5 matches for R3. The second line is backed up by a 20 day moving average and two other studies. The highest support line has found 11 matches, and S3 is confirmed by Price Channel Indicator Lower Line, a 6 month low and three other studies. S2 is Bollinger Lower Band with 2 models. Dollar/Yen has declined from the highest point it reached yesterday and is trading in the range limited by R1 of 108 90 and S1 108 60. R2 is a former 4 year high with 11 confirmations, and R1 counts a 10 day moving average among its 8 studies. R3 is backed up by Price Channel Indicator Upper Line, a psychological level and another model. S1 leads in support with 6 matches, and S3 is confirmed by Bollinger Lower Band, a 50 day moving average, a psychological level and another study. Standing at a 20 day moving average, S2 has found a single match. And Dollar/Swiss Franc has inched lower as well, which leaves it below R1 of 0 9560 and above S1 of 0 9530. R1 sees 9 confirmations, including Bollinger Upper Band. R2 counts Price Channel Indicator Upper Line and a 12 month high among its 8 studies, and the highest resistance line has found a single match. S3 is a 20 day moving average with 9 confirmations, and S2 is backed up by 7 models, including a psychological level. The highest support line has found 5 matches. That’s all for Thursday’s Support and Resistance Level. We’ll be back tomorrow with the next overview of the key price levels. See you then.
You’re watching the Support and Resistance Level Report for Thursday. I’m Ben Jones and here’s how our in-house model tests out today.
Euro/Dollar has seen some upward movement, and it now has the closest levels of 1 2670 in resistance and 1 2640 in support.
A 20 day moving average is among the 7 models for R3, and the lowest resistance line has found 4 confirmations. R2 is a 10 day moving average with 3 studies. S2 counts Price Channel Indicator Lower Line and a 2 year low among its 9 confirmations, and S1 has found 6 matches, including Bollinger Lower Band. The lowest support line is a psychological level with 2 models.
The Cable has regained some ground as well and now stands between R1 of 1 6230 and S1 of 1 62.
R1 is the most confirmed resistance line with 7 models, and a 10 day moving average is among the 5 matches for R3. The second line is backed up by a 20 day moving average and two other studies. The highest support line has found 11 matches, and S3 is confirmed by Price Channel Indicator Lower Line, a 6 month low and three other studies. S2 is Bollinger Lower Band with 2 models.
Dollar/Yen has declined from the highest point it reached yesterday and is trading in the range limited by R1 of 108 90 and S1 108 60.
R2 is a former 4 year high with 11 confirmations, and R1 counts a 10 day moving average among its 8 studies. R3 is backed up by Price Channel Indicator Upper Line, a psychological level and another model. S1 leads in support with 6 matches, and S3 is confirmed by Bollinger Lower Band, a 50 day moving average, a psychological level and another study. Standing at a 20 day moving average, S2 has found a single match.
And Dollar/Swiss Franc has inched lower as well, which leaves it below R1 of 0 9560 and above S1 of 0 9530.
R1 sees 9 confirmations, including Bollinger Upper Band. R2 counts Price Channel Indicator Upper Line and a 12 month high among its 8 studies, and the highest resistance line has found a single match. S3 is a 20 day moving average with 9 confirmations, and S2 is backed up by 7 models, including a psychological level. The highest support line has found 5 matches.
That’s all for Thursday’s Support and Resistance Level. We’ll be back tomorrow with the next overview of the key price levels. See you then.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#137928
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: