07.11.2017 – Support and Resistance by Dukascopy
November 7, 2017 7:54 amVideo
Latest News
- Outlook for GBP/USD on April 18. Pound was not impressed by the inflation data April 18, 2024
- Outlook for EUR/USD on April 18. Euro has fallen into a new flat April 18, 2024
- GBP/USD. Correction or trend reversal? April 18, 2024
- The FOMC will not lower rates in 2024 April 18, 2024
- Powell made a bold point, and Bailey did not report anything important April 18, 2024
- Will the euro take a risk? April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 17-19, 2024: sell below $2,400 (21 SMA – double top) April 17, 2024
- Technical Analysis – GBPCAD hits a wall but bulls not ready to give up April 17, 2024
- Trading Signals for Ethereum (ETH/USD) for April 17-19, 2024: sell below $3,125 (21 SMA – 2/8 Murray) April 17, 2024
- Analysis for the EUR/USD pair on April 17th. Jerome Powell didn’t help the dollar much April 17, 2024
- Analysis for GBP/USD pair on April 17th. British inflation overtakes American inflation April 17, 2024
- USD/JPY: Simple Trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- EUR/USD: Simple trading tips for novice traders on April 17th (US session) April 17, 2024
- GBP/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURUSD takes a breather after sharp tumble April 17, 2024
- Market continues to price in a plethora of rate cuts for 2024 – Special Report April 17, 2024
- EUR/USD: trading plan for the US session on April 17th (analysis of morning deals) April 17, 2024
- Technical Analysis – EURGBP maintains bearish bias amid pennant formation April 17, 2024
- EUR/USD. April 17th. Jerome Powell supports the dollar April 17, 2024
You’re watching the Support and Resistance Level Report for Tuesday. Here’s how our in-house model tests out.
Euro/Dollar is trading in the range limited by R1 of 1 1630 and S1 of 1 16.
R1 leads in resistance with 16 studies, and R2 is a 100 day moving average with 3 studies. R3 counts Price Channel Indicator Upper Line among its 2 models. The highest support line has found 9 matches. S2 is confirmed by Price Channel Indicator Lower Line, Bollinger Lower Band and 5 other studies, and S3 is a 150 day moving average with 2 technicals.
The Cable has gained some ground and now stands between R1 of 1 32 and S1 of 1 3140.
Standing at a 20 day moving average, R1 sees 5 confirmations. R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other models, and R2 is a 50 day moving average with 2 matches. S2 leads in support with 5 studies, including a 100 day moving average, and S1 sees 4 confirmations. S3 counts Price Channel Indicator Lower Line among its 3 models.
Dollar/Yen has the closest levels of 114 10 in resistance and 113 70 in support.
The lowest resistance line has found 17 matches, whereas R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and another model. The highest support line sees a single confirmation. The highest support line has found 8 matches, and S2 is a 20 day moving average with 5 studies. S3 counts a 50 day moving average as its only model.
And Dollar/Swiss Franc finds itself below R1 of 1 and S1 of 0 9970.
R1 is a major psychological level with 17 studies, and R2 counts Price Channel Indicator Upper Line among its 7 models. Bollinger Upper Band is among the 2 technicals for R3. S1 leads in support with 11 studies, and the second line has found 4 matches. S3 is a 20 day moving average with 2 models.
I’m Jessica Walker and this was the Support and Resistance Level Report. We’ll be back tomorrow with the next overview. Goodbye.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#225127
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: