Good morning traders, the Dukascopy TV team is here with this week’s first Support and Resistance Level Report.
Euro/Dollar is currently trading in the range limited by R1 of 1 1620 and S1 of 1 1590.
The lowest resistance line sees 10 confirmations, and R2 counts a 100 day moving average among its 4 models. R3 is Price Channel Indicator Upper Line with 3 studies. S1 leads in resistance with 3 models, and S3 is a 150 day moving average with 2 confirmations. A psychological level is the only match for S2.
The Cable stands between R1 of 1 3080 and S1 of 1 3050.
Standing at a 100 day moving average, R1 sees 6 confirmations. R3 is backed up by Bollinger Upper Band, Price Channel Indicator Upper Line and 2 other studies, and R2 is a 50 day moving average with 3 models. S1 counts Bollinger Lower Band among its 6 technicals. S2 is supported by a psychological level, a 150 day moving average and another model, and the lowest support line has found a single match.
Dollar/Yen finds itself below R1 of 114 50 and above S1 of 114 10.
R1 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band, a 6 month high and 6 other studies, while the upper two resistance lines have found a single match each. R2 is a psychological level. The highest support line sees 14 confirmations, and S2 is a 20 day moving average with 6 studies. S3 is confirmed by Price Channel Indicator Lower Line, a 50 day moving average and 2 other models.
And Dollar/Swiss Franc has the closest levels of 1 0030 in resistance and 1 in support.
Price Channel Indicator Upper Line is among the 7 studies for R1, and R2 is Bollinger Upper Band with 2 models. Standing at a 6 month high, R3 has found 2 matches. S1 is well confirmed with 14 models, including a major psychological level, and the second line has found 6 matches. S3 is a 20 day moving average with 2 technicals.
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.

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