You’re watching the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out.
Euro/Dollar has the closest levels of 1 1360 in resistance and 1 1320 in support.
The lowest resistance line sees 10 confirmations. R2 has found 9 matches, including a 12 month high, Bollinger Upper Band and Price Channel Indicator Upper Line, while R3 is a psychological level with 2 studies. S1 leads in support with 4 models, and Price Channel Indicator Lower Line is among the 3 studies for S3. S2 is a 20 day moving average with 2 matches.
Next up is the Cable, which stands between R1 of 1 2950 and S1 of 1 2920.
R1 leads in resistance with 8 models. R2 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and 5 other studies, whereas R3 is a 6 month high with 3 matches. S1 is the most confirmed support line with 6 models, and S2 is a 20 day moving average with 2 studies. A 100 day moving average is the only match for S3.
Dollar/Yen is trading in the range limited by R1 of 113 30 and S1 of 112 90.
The lowest resistance line has found 5 matches. R2 is backed up by Bollinger Upper Band, Price Channel Indicator Upper Line and 3 other studies, and R3 counts a psychological level among its 2 models. The second support line sees 10 confirmations, and S1 is a 150 day moving average with 9 studies. Standing at a 100 day moving average, S3 has found 5 matches.
And Dollar/Swiss Franc finds itself below R1 of 0 9680 and above S1 of 0 9640.
R1 is a 20 day moving average with 6 studies, and R2 sees 4 confirmations, including Price Channel Indicator Upper Line and a 50 day moving average. R3 counts Bollinger Upper Band among its 3 models. S1 leads in support with 9 confirmations. S2 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line, a 6 month low and 5 other studies, and S3 is a psychological level with 2 models.
I’m Celeste Skinner and this was the Support and Resistance Level Report for Thursday. Check back in tomorrow for this week’s last overview.

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