Hello, I’m Imogen Comrie and you’re watching the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out today.
Euro/Dollar has seen limited movement, mostly trading in the range limited by R1 of 1 2930 and S1 of 1 2880.
R1 is the most confirmed resistance line with 10 studies. R3 is a 6 month low with 9 models, and the second line counts a psychological level among its 2 matches. S2 is backed up by Price Channel Indicator Lower Line, Bollinger Lower Band and two other studies, and S1 has found 3 matches. The lowest support line sees a single confirmation.
The Cable went up yesterday, and it now has R1 of 1 6210 and S1 of 1 6130.
A 6 month low is among the 7 models for R3, and the lower two resistance lines have found a single match each, including a 10 day moving average for R2. S1 counts Bollinger Lower Band among its 5 studies, and S2 sees 2 confirmations, including Price Channel Indicator Lower Line. S3 is a psychological level with a single match.
Dollar/Yen has inched higher as well, and it stands between R1 of 107 10 and S1 of 106 70.
The lower two resistance lines are backed up by 2 studies each, and R3 counts a psychological level as its only confirmation. Standing at an important psychological level, S3 sees 10 matches, and S2 counts a former 4 year high among its 5 models. Bollinger Lower Band is among the 2 studies for S1.
And last up is the Dollar/Swiss Franc, which has the closest levels of 0 94 in resistance and 0 9370 in support.
R1 counts Price Channel Indicator Upper Line among its 3 studies, and R2 is a 12 month high with a single confirmation. Standing at a psychological level, R3 has found a single match. S3 leads in support with 14 models, including a 20 day moving average and a 6 month high, and the highest support line counts Bollinger Lower Band among its 5 studies. S2 is a 10 day moving average with 2 matches.
You’ve been watching the Support and Resistance Level Report for Thursday. 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/#136297

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

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.