This is the Support and Resistance Level Report for Wednesday. Here’s how our in-house model tests out. Euro/Dollar currently has the closest levels of 1 1750 in resistance and 1 1690 in support. Standing near a 20 day moving average, R1 is well confirmed with 12 models. R2 is a 2 year high with 7 studies, while R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and another technical. S1 leads in support with 3 studies, and Bollinger Lower Band is among the 2 models for S2. S3 counts a psychological level as its only match. The Cable has seen a decline, which leaves it between R1 of 1 2890 and S1 of 1 2850. Standing at a 20 day moving average, R3 sees 6 confirmations, whereas R2 is a 50 day moving average with 4 models. The lowest resistance line has found a single match. S1 is supported by Price Channel Indicator Lower Line, a 100 day moving average and 3 other models, and S2 sees 2 confirmations. A 150 day moving average is the only match for S3. Dollar/Yen finds itself below R1 of 110 70 and above S1 of 110 40. R1 leads in resistance with 11 models, including a 20 day moving average, and R2 is a 100 day moving average with 4 studies. Bollinger Upper Band is the only match for R3. Standing at a psychological level, S2 sees 9 confirmations, and Bollinger Lower Band is among the 5 models for S3. The highest support line has found 4 matches. And Dollar/Swiss Franc is trading in the range limited by R1 of 0 9740 and S1 of 0 97. The lowest resistance line has found 13 matches. R2 is confirmed by Price Channel Indicator Upper Line, a 100 day moving average and 3 other studies, and R3 is a 150 day moving average with 2 models. Standing near a 20 day moving average, S3 sees 7 confirmations. S2 is a 50 day moving average with 6 models, and S1 has found 4 matches. You’ve been watching the Support and Resistance Level Report with me, Jessica Walker. Check back in tomorrow when the next report will be available.
This is the Support and Resistance Level Report for Wednesday. Here’s how our in-house model tests out.
Euro/Dollar currently has the closest levels of 1 1750 in resistance and 1 1690 in support.
Standing near a 20 day moving average, R1 is well confirmed with 12 models. R2 is a 2 year high with 7 studies, while R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and another technical. S1 leads in support with 3 studies, and Bollinger Lower Band is among the 2 models for S2. S3 counts a psychological level as its only match.
The Cable has seen a decline, which leaves it between R1 of 1 2890 and S1 of 1 2850.
Standing at a 20 day moving average, R3 sees 6 confirmations, whereas R2 is a 50 day moving average with 4 models. The lowest resistance line has found a single match. S1 is supported by Price Channel Indicator Lower Line, a 100 day moving average and 3 other models, and S2 sees 2 confirmations. A 150 day moving average is the only match for S3.
Dollar/Yen finds itself below R1 of 110 70 and above S1 of 110 40.
R1 leads in resistance with 11 models, including a 20 day moving average, and R2 is a 100 day moving average with 4 studies. Bollinger Upper Band is the only match for R3. Standing at a psychological level, S2 sees 9 confirmations, and Bollinger Lower Band is among the 5 models for S3. The highest support line has found 4 matches.
And Dollar/Swiss Franc is trading in the range limited by R1 of 0 9740 and S1 of 0 97.
The lowest resistance line has found 13 matches. R2 is confirmed by Price Channel Indicator Upper Line, a 100 day moving average and 3 other studies, and R3 is a 150 day moving average with 2 models. Standing near a 20 day moving average, S3 sees 7 confirmations. S2 is a 50 day moving average with 6 models, and S1 has found 4 matches.
You’ve been watching the Support and Resistance Level Report with me, Jessica Walker. Check back in tomorrow when the next report will be available.
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