You’re watching the Support and Resistance Level Report for Wednesday. I’m Doireann McDermott and here’s how our in-house model tests out today. Euro/Dollar has seen a decline, which leaves it below R1 of 1 1820 and S1 of 1 1780. The lowest resistance line sees 5 confirmations, and R2 counts a 10 day moving average among its 4 studies. Standing near a psychological level, R3 has found 3 matches. S1 is the most confirmed support line with 4 models, and S2 counts Price Channel Indicator Lower Line among its 3 studies. S3 is supported by Bollinger Lower Band and another model. The Cable has seen both ups and downs and is now trading in the range limited by R1 of 1 5180 and S1 of 1 5150. The lowest resistance line has found 9 matches. R2 is a 10 day moving average with 3 models, and a 20 day moving average is among the 2 studies for R3. The highest support line sees 7 confirmations, and Price Channel Indicator Lower Line is among the 3 matches for S2. S3 is backed up by a psychological level and Bollinger Lower Band. Dollar/Yen has been trending South and now has the closest levels of 117 30 in resistance and 117 in support. R3 counts a 20 day moving average among its 5 studies, and R2 is Bollinger Lower Band with 3 matches. The lowest resistance line sees a single confirmation. The upper two support lines have found 2 matches each, including Price Channel Indicator Lower Line for S2. A psychological level is the only confirmation for S3. And the last pair for this report is the Dollar/Swiss Franc, which stands between R1 of 1 0190 and S1 of 1 0160. R1 leads in resistance with 7 studies. R2 has found 4 matches, including Price Channel Indicator Upper Line, and R3 is backed up by Bollinger Upper Band and another model. The highest support line sees 6 confirmations. S2 counts a 10 day moving average among its 4 matches, and S3 is a psychological level with 3 studies. That’s all for today’s Support and Resistance Level Report, but we’ll be back tomorrow with the next overview of the key price levels. Goodbye.
You’re watching the Support and Resistance Level Report for Wednesday. I’m Doireann McDermott and here’s how our in-house model tests out today.
Euro/Dollar has seen a decline, which leaves it below R1 of 1 1820 and S1 of 1 1780.
The lowest resistance line sees 5 confirmations, and R2 counts a 10 day moving average among its 4 studies. Standing near a psychological level, R3 has found 3 matches. S1 is the most confirmed support line with 4 models, and S2 counts Price Channel Indicator Lower Line among its 3 studies. S3 is supported by Bollinger Lower Band and another model.
The Cable has seen both ups and downs and is now trading in the range limited by R1 of 1 5180 and S1 of 1 5150.
The lowest resistance line has found 9 matches. R2 is a 10 day moving average with 3 models, and a 20 day moving average is among the 2 studies for R3. The highest support line sees 7 confirmations, and Price Channel Indicator Lower Line is among the 3 matches for S2. S3 is backed up by a psychological level and Bollinger Lower Band.
Dollar/Yen has been trending South and now has the closest levels of 117 30 in resistance and 117 in support.
R3 counts a 20 day moving average among its 5 studies, and R2 is Bollinger Lower Band with 3 matches. The lowest resistance line sees a single confirmation. The upper two support lines have found 2 matches each, including Price Channel Indicator Lower Line for S2. A psychological level is the only confirmation for S3.
And the last pair for this report is the Dollar/Swiss Franc, which stands between R1 of 1 0190 and S1 of 1 0160.
R1 leads in resistance with 7 studies. R2 has found 4 matches, including Price Channel Indicator Upper Line, and R3 is backed up by Bollinger Upper Band and another model. The highest support line sees 6 confirmations. S2 counts a 10 day moving average among its 4 matches, and S3 is a psychological level with 3 studies.
That’s all for today’s Support and Resistance Level Report, but we’ll be back tomorrow with 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/#145705
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: