It’s a new trading week, and the Dukascopy TV team is back with another Support and Resistance Level Report.
First up is the Euro/Dollar, which stands below R1 of 1 1170 and above S1 of 1 1130.
The lowest resistance line has found 4 matches, and R2 is a 100 day moving average with 3 studies. Price Channel Indicator Upper Line is among the 3 models for R3. S2 leads in support with 6 studies, including Bollinger Lower Band and a psychological level. Standing at a 150 day moving average, S1 sees 5 confirmations, and S3 is Price Channel Indicator Lower Line with 4 models.
The Cable is trading in the range limited by R1 of 1 3310 and S1 of 1 3240.
R1 is the most confirmed resistance line with 4 models. R2 counts a psychological level among its 2 studies, and the highest line has found a single match. S2 is backed up by Price Channel Indicator Lower Line, a 4 year low and 7 other models. The highest support line has found 3 matches, and S3 is a psychological level with 2 studies.
Dollar/Yen finds itself between R1 of 102 80 and S1 of 102 40.
R1 leads in resistance with 11 studies, and R2 is a 20 day moving average with 3 matches. Bollinger Upper Band is the only model for R3. Standing at a major psychological level, S3 sees 3 confirmations, whereas the upper two support lines have found 2 matches each, including Bollinger Lower Band for S2.
And last up is the Dollar/Swiss Franc, which has R1 of 0 9750 and S1 of 0 9710.
Standing at a 100 day moving average, R1 sees 10 confirmations. R2 is a 150 day moving average with 4 models, and R3 is Price Channel Indicator Upper Line with 2 studies. S1 is the most confirmed support line with 5 models. S3 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and 2 other studies, and S2 is a 20 day moving average with 3 matches.
I’m Celeste Skinner and that’s how our in-house model tests out this Monday. Stay with us throughout your trading day. Goodbye for now.

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