It’s time for another edition of the Support and Resistance Level Report. I’m Alex Iszatt and here’s a closer look at how our in-house model tests out today. The first pair for this report is the Euro/Dollar, which has the closest levels of 1 2940 in resistance and 1 29 in support. R3 is a 6 month high with 8 studies, and the lowest resistance line sees 5 confirmations. Standing at an important psychological level, R2 has found 2 matches. The lower two support lines see 2 confirmations each, including Price Channel Indicator Lower Line for S2. S3 is a 2 year low and a psychological level, and S1 is backed up by a single model. The Cable has been moving in waves and now stands between R1 of 1 6170 and S1 of 1 6110. Bollinger Lower Band is among the 5 studies for R1, and the second line sees 4 confirmations. R3 is a 10 day moving average with 2 models. S1 is the most confirmed support line with 4 studies, and S2 counts Price Channel Indicator Lower Line among its 3 confirmations. S3 is a psychological level with a single match. Next up is the Dollar/Yen, which is trading in the range limited by R1 of 106 50 and S1 of 106 20. R1 counts Price Channel Indicator Upper Line among its 5 studies, and the upper two resistance lines have found a single match each, including a psychological level for R3. S3 leads in support with 11 models, including a psychological level and a 10 day moving average, and a former 4 year high is among the 6 studies for S2. Standing near Bollinger Upper Band, S1 sees 5 confirmations. And Dollar/Swiss Franc has seen a decline, which puts it below R1 of 0 9350 and above S1 of 0 9320. R1 has found 6 matches, including Bollinger Upper Band, and Price Channel Indicator Upper Line is among the 3 studies for R2. Standing near a 12 month high, R3 sees 2 confirmations. S3 is well confirmed with 13 studies, including a 6 month high, and the highest support line has found 6 matches. S2 is a 10 day moving average with 2 confirmations. That concludes the Support and Resistance Level Report for Wednesday. Check back in tomorrow for the next overview of the key price levels. Goodbye.
It’s time for another edition of the Support and Resistance Level Report. I’m Alex Iszatt and here’s a closer look at how our in-house model tests out today.
The first pair for this report is the Euro/Dollar, which has the closest levels of 1 2940 in resistance and 1 29 in support.
R3 is a 6 month high with 8 studies, and the lowest resistance line sees 5 confirmations. Standing at an important psychological level, R2 has found 2 matches. The lower two support lines see 2 confirmations each, including Price Channel Indicator Lower Line for S2. S3 is a 2 year low and a psychological level, and S1 is backed up by a single model.
The Cable has been moving in waves and now stands between R1 of 1 6170 and S1 of 1 6110.
Bollinger Lower Band is among the 5 studies for R1, and the second line sees 4 confirmations. R3 is a 10 day moving average with 2 models. S1 is the most confirmed support line with 4 studies, and S2 counts Price Channel Indicator Lower Line among its 3 confirmations. S3 is a psychological level with a single match.
Next up is the Dollar/Yen, which is trading in the range limited by R1 of 106 50 and S1 of 106 20.
R1 counts Price Channel Indicator Upper Line among its 5 studies, and the upper two resistance lines have found a single match each, including a psychological level for R3. S3 leads in support with 11 models, including a psychological level and a 10 day moving average, and a former 4 year high is among the 6 studies for S2. Standing near Bollinger Upper Band, S1 sees 5 confirmations.
And Dollar/Swiss Franc has seen a decline, which puts it below R1 of 0 9350 and above S1 of 0 9320.
R1 has found 6 matches, including Bollinger Upper Band, and Price Channel Indicator Upper Line is among the 3 studies for R2. Standing near a 12 month high, R3 sees 2 confirmations. S3 is well confirmed with 13 studies, including a 6 month high, and the highest support line has found 6 matches. S2 is a 10 day moving average with 2 confirmations.
That concludes the Support and Resistance Level Report for Wednesday. Check back in tomorrow for the next overview of the key price levels. Goodbye.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#136190
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: