You’re watching this week’s last Support and Resistance Level Report. Here’s how our in-house model tests out this Friday.
Euro/Dollar has lost some ground and now stands between R1 of 1 1220 and S1 of 1 1180.
Standing at a 6 month high, R2 sees 10 confirmations, while R1 has found 7 matches. Bollinger Upper Band is the only model for R3. A 20 day moving average is among the 5 studies for S1, and the lower two support lines have found 3 matches each, including Bollinger Lower Band and a psychological level for S3.
The Cable has seen quite a drop, and it’s down all the way between R1 of 1 2760 and S1 of 1 2630.
R2 is a 20 day moving average with 9 studies. R3 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band, a 6 month high and 2 other studies, while the lowest resistance line has found 3 matches. Standing at a 150 day moving average, S2 sees 2 confirmations, and the other two support lines have found a single match each. S3 is a psychological level.
Dollar/Yen currently stands below R1 of 110 40 and above S1 of 110.
The lowest resistance line has found 7 confirmations, and R2 is a 50 day moving average with 4 matches. Bollinger Upper Band is among the 2 studies for R3. Standing at a psychological level, S1 sees 5 confirmations. S2 is supported by Bollinger Lower Band, Price Channel Indicator Lower Line and 2 other studies, while S3 is a 6 month low with 2 models.
And Dollar/Swiss Franc has the closest levels of 0 97 in resistance and 0 9660 in support.
R1 leads in resistance with 6 models, and R2 is a 20 day moving average with 3 studies. Standing at a 50 day moving average, R3 has found 2 matches. S1 is well confirmed with 11 studies, including a former 6 month low, and Price Channel Indicator Lower Line is among the 5 matches for S2. S3 is a 12 month low with 2 models.
I’m Jack Everitt and this was the Support and Resistance Level Report. The next overview will be available first thing on Monday morning, so stay tuned.

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