04.12.2017 – Support and Resistance by Dukascopy
December 4, 2017 8:02 amVideo
Latest News
- Trading Signals for GOLD (XAU/USD) for April 15-17, 2024: buy above $2,328 (200 EMA – 5/8 Murray) April 15, 2024
- Video market update for April 15, 2024 April 15, 2024
- Trading Signals for GBP/USD for April 15-17, 2024: buy above 1.2450 (21 SMA – 0/8 Murray) April 15, 2024
- The dollar has not reached its potential April 15, 2024
- Analysis of GBP/USD. April 15th. Retail sales in the USA allow the dollar to continue rising April 15, 2024
- China’s Q1 GDP growth next on the Asian calendar – Preview April 15, 2024
- Technical Analysis – Goldman Sachs stock gains on strong earnings April 15, 2024
- Trading Signals for ETH/USD (Ethereum) for April 15-17, 2024: buy above $3,125 (200 EMA – 2/8 Murray) April 15, 2024
- Analysis for EUR/USD on April 15th. Monday – a tough day for the euro April 15, 2024
- GBP/USD: trading plan for the US session on April 15th (analysis of morning deals) April 15, 2024
- EUR/USD: trading plan for the US session on April 15th (analysis of morning deals). Euro is at an impasse April 15, 2024
- GBP/USD: Will sterling hold steady against dollar? April 15, 2024
- Technical Analysis – USDJPY rallies to another fresh 34-year high April 15, 2024
- Will Netflix earnings take the share price closer to its record highs? – Stock Markets April 15, 2024
- EUR/USD. April 15th. Bulls panic and retreat from the market April 15, 2024
- GBP/USD. April 15th. The dollar gains confidence April 15, 2024
- Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US Dollar Index April 15, 2024
- XM’s Heartfelt Ramadan Iftar Support April 15, 2024
- Weekly forecast based on simplified wave analysis of EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on April 15th April 15, 2024
- Technical Analysis – US 500 reverses towards 123.6% Fibonacci April 15, 2024
It’s a new trading week, and the Dukascopy TV team is back with another Support and Resistance Level Report.
Euro/Dollar has the closest levels of 1 19 in resistance and 1 1850 in support.
The lowest resistance line has found 5 matches, and R3 is a 2 year high with 4 confirmations. Price Channel Indicator Upper Line is among the 3 models for R2. S1 leads in support with 12 studies, and S3 is a 50 day moving average with 5 models. A 100 day moving average is the only match for S2.
The Cable is trading in the range limited by R1 of 1 3470 and S1 of 1 3440.
R1 sees 4 confirmations, and R3 is a 12 month high with 3 models. A psychological level is among the 2 studies for R2. S3 is a 20 day moving average with 4 models, and S2 sees 3 confirmations. The highest support line has found 2 matches.
Dollar/Yen finds itself below R1 of 112 90 and above S1 of 112 60.
Standing near a 50 day moving average, R1 has found 5 matches, while R3 is confirmed by Price Channel Indicator Upper Line, a 6 month high and 2 other models. Bollinger Upper Band is among the 2 studies for R2. Standing at a 20 day moving average, S1 sees 7 confirmations. S3 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band and 3 other models, and S2 is a 150 day moving average with 4 studies.
And Dollar/Swiss Franc stands between R1 of 0 9840 and S1 of 0 9810.
R1 is well confirmed with 12 studies, including a 50 day moving average, and R2 counts a 20 day moving average among its 4 models. R3 is a major psychological level with 2 confirmations. S1 leads in support with 13 studies. S2 is backed up by Price Channel Indicator Lower Line, a 150 day moving average and 3 other models, whereas S3 counts a psychological level as its only match.
I’m Kiays Khalil and that’s how our in-house model tests out this Monday morning. Check back in tomorrow for the next overview.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#228105
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: