You’re watching the Support and Resistance Level Report for Friday. Here’s how our in-house model tests out on this last day of the trading week. Euro/Dollar has gained considerable ground, and it now stands below R1 of 1 2120 and above S1 of 1 2070. R2 and R3 both have 2 confirmations and the highest level is a key psychological level. There’s just a single match for R1. S3 leads in support with 10 confirmations. There are 9 matches for S1, which is a price channel indicator upper line and it used to be a 2 year high. There are 3 matches for S2, which is a psychological level. The Cable currently has the closest levels of 1 3270 in resistance and 1 3120 in support. R1 has a 6 month high among its 4 confirmations. R2 is a 12 month high with a total of 2 matches and R3 is a psychological level. There are 4 matches for both S2 and S3. Second line is a Bollinger upper band and S3 is a psychological level. A price channel indicator upper line is one of the 2 matches for S1. Dollar/Yen is trading in the range limited by R1 of 108 and S1 of 107 60. R3 is backed up by a 20 day moving average and 4 more models. There are 4 studies near R2, which is a Bollinger lower band. R1 has found 3 matches and it’s both a 6 month low and a price channel indicator lower line. All three support levels have an equal number of a single match and the lowest line is a psychological level. And last up is the Dollar/Swiss Franc, which has R1 of 0 95 and S1 of 0 9430. R2 leads in resistance with 9 confirmations. There are 5 matches for R3, which is confirmed by a 50 day moving average. R1 sees 3 matches and it’s both a psychological level and a Bollinger lower band. S1 is backed up by a price channel indicator lower line, a 2 year low and 7 more models. S2 and S3 have a single match each and the lowest line is a psychological level. That’s all for Friday’s Support and Resistance Level Report. I’m Jack Everitt and we’ll be back on Monday with the next overview. See you then.
You’re watching the Support and Resistance Level Report for Friday. Here’s how our in-house model tests out on this last day of the trading week.
Euro/Dollar has gained considerable ground, and it now stands below R1 of 1 2120 and above S1 of 1 2070.
R2 and R3 both have 2 confirmations and the highest level is a key psychological level. There’s just a single match for R1. S3 leads in support with 10 confirmations. There are 9 matches for S1, which is a price channel indicator upper line and it used to be a 2 year high. There are 3 matches for S2, which is a psychological level.
The Cable currently has the closest levels of 1 3270 in resistance and 1 3120 in support.
R1 has a 6 month high among its 4 confirmations. R2 is a 12 month high with a total of 2 matches and R3 is a psychological level. There are 4 matches for both S2 and S3. Second line is a Bollinger upper band and S3 is a psychological level. A price channel indicator upper line is one of the 2 matches for S1.
Dollar/Yen is trading in the range limited by R1 of 108 and S1 of 107 60.
R3 is backed up by a 20 day moving average and 4 more models. There are 4 studies near R2, which is a Bollinger lower band. R1 has found 3 matches and it’s both a 6 month low and a price channel indicator lower line. All three support levels have an equal number of a single match and the lowest line is a psychological level.
And last up is the Dollar/Swiss Franc, which has R1 of 0 95 and S1 of 0 9430.
R2 leads in resistance with 9 confirmations. There are 5 matches for R3, which is confirmed by a 50 day moving average. R1 sees 3 matches and it’s both a psychological level and a Bollinger lower band. S1 is backed up by a price channel indicator lower line, a 2 year low and 7 more models. S2 and S3 have a single match each and the lowest line is a psychological level.
That’s all for Friday’s Support and Resistance Level Report. I’m Jack Everitt and we’ll be back on Monday with the next overview. See you then.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#220442
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: