You’re watching the Support and Resistance Level Report for Wednesday. Here’s how our in-house model tests out. Euro/Dollar is currently trading in the range limited by R1 of 1 1280 and S1 of 1 1250. R1 is well confirmed with 11 models, including Price Channel Indicator Upper Line and a 6 month high, while Bollinger Upper Band is among the 2 studies for R2. R3 is a 12 month high with 2 matches. S1 leads in support with 9 technicals, and S2 is a 20 day moving average with 3 models. A psychological level is the only match for S3. The Cable has been moving in waves, but it now has R1 of 1 2920 and S1 of 1 2880. Standing near a 20 day moving average, R1 sees 7 confirmations, while R3 is backed up by Price Channel Indicator Upper Line, a 6 month high and 3 other models. R2 is a psychological level with 2 studies. S1 is the most confirmed support line with 11 models, and the second line has found 6 matches. S3 is supported by Price Channel Indicator Lower Line, a 50 day moving average and 2 other studies. Dollar/Yen has the closest levels of 109 70 in resistance and 109 20 in support. A 50 day moving average is among the 5 studies for R2, while R3 counts a 20 day moving average among its 3 models. The lowest resistance line sees a single confirmation. S1 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and another model, while the lower two support lines have found 2 matches each, including a 6 month low for S2 and a psychological level for S3. And Dollar/Swiss Franc finds itself between R1 of 0 9640 and S1 of 0 9610. The lowest resistance line sees 12 confirmations, and R2 has found 8 matches. A 20 day moving average is among the 2 studies for R3. S1 counts Price Channel Indicator Lower Line among its 5 studies. S2 is supported by Bollinger Lower Band, a 12 month low and another model, while the lowest line sees a single confirmation. I’m Celeste Skinner and this was the Support and Resistance Level Report for Wednesday. Stay with us throughout your trading day.
You’re watching the Support and Resistance Level Report for Wednesday. Here’s how our in-house model tests out.
Euro/Dollar is currently trading in the range limited by R1 of 1 1280 and S1 of 1 1250.
R1 is well confirmed with 11 models, including Price Channel Indicator Upper Line and a 6 month high, while Bollinger Upper Band is among the 2 studies for R2. R3 is a 12 month high with 2 matches. S1 leads in support with 9 technicals, and S2 is a 20 day moving average with 3 models. A psychological level is the only match for S3.
The Cable has been moving in waves, but it now has R1 of 1 2920 and S1 of 1 2880.
Standing near a 20 day moving average, R1 sees 7 confirmations, while R3 is backed up by Price Channel Indicator Upper Line, a 6 month high and 3 other models. R2 is a psychological level with 2 studies. S1 is the most confirmed support line with 11 models, and the second line has found 6 matches. S3 is supported by Price Channel Indicator Lower Line, a 50 day moving average and 2 other studies.
Dollar/Yen has the closest levels of 109 70 in resistance and 109 20 in support.
A 50 day moving average is among the 5 studies for R2, while R3 counts a 20 day moving average among its 3 models. The lowest resistance line sees a single confirmation. S1 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and another model, while the lower two support lines have found 2 matches each, including a 6 month low for S2 and a psychological level for S3.
And Dollar/Swiss Franc finds itself between R1 of 0 9640 and S1 of 0 9610.
The lowest resistance line sees 12 confirmations, and R2 has found 8 matches. A 20 day moving average is among the 2 studies for R3. S1 counts Price Channel Indicator Lower Line among its 5 studies. S2 is supported by Bollinger Lower Band, a 12 month low and another model, while the lowest line sees a single confirmation.
I’m Celeste Skinner and this was the Support and Resistance Level Report for Wednesday. Stay with us throughout your trading day.
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