07.08.2017 – Support and Resistance by Dukascopy
August 7, 2017 7:27 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.
The first pair for this report is the Euro/Dollar which stands between R1 of 1 18 and S1 of 1 1760.
Standing at a former 2 year high, R2 sees 10 confirmations. The lowest resistance line has found 3 matches, and Price Channel Indicator Upper Line is among the 2 studies for R3. Standing at a 20 day moving average, S2 has found 5 matches. S1 sees 3 confirmations, and S3 counts a psychological level as its only model.
Pound/Dollar has the closest levels of 1 3070 in resistance and 1 3020 in support.
R2 is well confirmed with 12 models, including a former 6 month high, while the other two resistance lines have found 3 matches each. R3 is Price Channel Indicator Upper Line. S3 is backed up by a 100 day moving average, Price Channel Indicator Lower Line and another model, and S1 sees 2 confirmations. A 50 day moving average is the only study for S2.
Dollar/Yen finds itself below R1 of 110 90 and above S1 of 110 60.
The lowest resistance line has found 5 matches, and R2 is a 20 day moving average with 3 studies. R3 counts a 150 day moving average among its 2 models. S1 leads in support with 7 technicals, and S2 is a psychological level with 4 confirmations. Bollinger Lower Band is among the 2 studies for S3.
And Dollar/Swiss Franc is trading in the range limited by R1 of 0 9760 and S1 of 0 9710.
R1 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and 3 other models, and R2 is a 100 day moving average with 3 studies. R3 counts a 150 day moving average as its only match. The highest support line sees 8 confirmations, and S2 is a 50 day moving average with 5 models. Standing at a 20 day moving average, S3 had found a single match.
I’m Jessica Walker 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/#218435
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: