08.11.2017 – Support and Resistance by Dukascopy
November 8, 2017 8:31 amVideo
Latest News
- Forecast for EUR/USD on April 19, 2024 April 19, 2024
- Forecast for GBP/USD on April 19, 2024 April 19, 2024
- Forecast for USD/JPY on April 19, 2024 April 19, 2024
- Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Friday April 19 2024. April 19, 2024
- Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday April 19 2024. April 19, 2024
- Michelle Bowman reiterated Jerome Powell’s opinion April 19, 2024
- The ECB has finally made up its mind April 19, 2024
- The dollar is in control April 19, 2024
- Analysis of the GBP/USD pair on April 18, 2024 April 18, 2024
- Analysis for EUR/USD pair on April 18th. Dull ending to a dull week April 18, 2024
- USD/JPY: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- EUR/USD: Simple trading tips for novice traders on April 18th (US session) April 18, 2024
- GBP/USD: trading plan for the US session on April 18th (analysis of morning deals) April 18, 2024
- Trading Signals for EUR/USD for April 18-20, 2024: buy above 1.0641 (21 SMA – 2/8 Murray) April 18, 2024
- Bitcoin slides ahead of halving event – Crypto News April 18, 2024
- Trading Signals for BITCOIN (BTC/USD) for April 18-20, 2024: buy above $62,500 or $63,037 (4/8 Murray – rebound) April 18, 2024
- GBP/USD. April 18th. Andrew Bailey did not clarify the situation on QE April 18, 2024
- Trading Signals for GOLD (XAU/USD) for April 18-20, 2024: buy above $2,375 (6/8 Murray – 21 SMA) April 18, 2024
- Technical Analysis – Netflix stock moves within narrow range ahead of earnings April 18, 2024
Good morning, traders, the Dukascopy TV team is here with another Support and Resistance Level Report.
Euro/Dollar has the closest levels of 1 1620 in resistance and 1 1590 in support.
The lowest resistance line sees 16 confirmations, and R2 is a 100 day moving average with 3 models. A 50 day moving average is among the 2 studies for R3. S2 counts Price Channel Indicator Lower Line among its 7 technicals, and the highest support line has found 5 matches. S3 is a 150 day moving average with 2 models.
The Cable has been moving in waves, but it now stands between R1 of 1 3180 and S1 of 1 3140.
Standing near a 20 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 2 models. S1 leads in support with 7 technicals, and S3 counts Price Channel Indicator Lower Line among its 5 matches. S2 is a 100 day moving average with 4 studies.
Dollar/Yen is trading in the range limited by R1 of 114 and S1 of 113 70.
R1 is the most confirmed resistance line with 20 studies, while R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band, a 6 month high and 3 other models. R3 is a psychological level with 3 confirmations. The highest support line has found 7 matches, and S2 is a 20 day moving average with 6 studies. Standing at a 50 day moving average, S3 sees 2 confirmations.
And Dollar/Swiss Franc is still trading below R1 of 1 and above S1 of 0 9970.
R1 is a major psychological level with 19 technicals, and Price Channel Indicator Upper Line is among the 6 studies for R2. R3 is confirmed by Bollinger Upper Band, a 6 month high and 3 other models. S1 leads in support with 12 models, while the lower two lines have found 2 matches each, including a 20 day moving average for S2 and a 150 day moving average for S3.
I’m Jack Everitt and that’s how our in-house model tests out this Wednesday 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/#225240
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: