16.09.2015 – Support and Resistance by Dukascopy
September 16, 2015 6:55 amVideo
Latest News
- Forecast of GBP/USD pair on May 23, 2024 May 23, 2024
- USD/JPY: Simple trading tips for novice traders on May 23rd (US session) May 23, 2024
- GBP/USD: Simple trading tips for novice traders on May 23rd (US session) May 23, 2024
- EUR/USD: Simple trading tips for novice traders on May 23rd (US session) May 23, 2024
- GBP/USD: trading plan for the US session on May 23rd (analysis of morning deals). Buyers hit resistance at 1.2760 May 23, 2024
- EUR/USD: trading plan for the US session on May 23rd (analysis of morning deals). The euro rebounded from the 1.0819 level May 23, 2024
- Technical analysis – US 500 index slips after all-time high but holds within bullish area May 23, 2024
- Nvidia set to propel Wall Street to new highs but Fed uncertainty weighs – Stock Markets May 23, 2024
- Trading Signals for EUR/USD for May 23-25, 2024: buy above 1.0834 (200 EMA – rebound) May 23, 2024
- Trading Signals for SILVER (XAG/USD) for May 23-25, 2024: buy above 30.00 (200 EMA – rebound) May 23, 2024
- Forex forecast 05/23/2024: EUR/USD, GBP/USD, USDX, Oil and Bitcoin from Sebastian Seliga May 23, 2024
- Video market update for May 23, 2024 May 23, 2024
- USD/JPY: Simple trading tips for novice traders on May 23rd. Analysis of yesterday’s forex transactions May 23, 2024
- GBP/USD: Simple trading tips for novice traders on May 23rd. Analysis of yesterday’s forex transactions May 23, 2024
- EUR/USD: Simple trading tips for novice traders on May 23rd. Analysis of yesterday’s forex transactions May 23, 2024
- Technical Analysis – EURUSD recovers ground, remaining above downtrend line May 23, 2024
- Technical Analysis – EURGBP tests critical pivot area after slump May 23, 2024
- Midweek Technical Look – EURGBP, USDCHF, US 500 May 23, 2024
- Market Comment – Dollar benefits from hawkish Fed minutes May 23, 2024
- Technical Analysis – Is USDJPY still searching for new highs? May 23, 2024
It’s time for Wednesday’s Support and Resistance Level Report. I’m Monica Gibson with a closer look at how our in-house model tests out today.
First up is the Euro/Dollar, which is trading in the range limited by R1 of 1 13 and S1 of 1 1270.
The lowest resistance line has found 8 matches. R3 is confirmed by Price Channel Indicator Upper Line, a 6 month high and 2 other studies, and R2 counts a psychological level and Bollinger Upper Band among its 3 models. Standing at a 100 day moving average, S2 sees 7 confirmations, and S1 is a 20 day moving average with 6 matches. S3 is supported by Bollinger Lower Band, Price Channel Indicator Lower Line and another model.
The Cable finds has seen a sharp drop, which leaves it between R1 of 1 5360 and S1 of 1 5330.
Standing at a 20 day moving average, R2 sees 10 confirmations, and the lowest resistance line counts a 150 day moving average among its 4 studies. R3 is a psychological level with 2 matches. S1 is the most confirmed support line with 5 models. S2 is backed up by Price Channel Indicator Lower Line, a 3 month low and 2 other studies, and Bollinger Lower Band is the only match for S3.
Dollar/Yen has been moving in waves, and it currently has R1 of 120 30 and S1 of 120.
R2 is a 20 day moving average with 8 confirmations, and the lowest resistance line has found 6 matches. A 150 day moving average is among the 2 studies for R3. Standing at an important psychological level, S1 sees 7 confirmations. S3 is supported by Price Channel Indicator Lower Line, a 6 month low and 2 other studies, and S2 is Bollinger Lower Band with 2 matches.
And Dollar/Swiss Franc has the closest levels of 0 9750 in resistance and 0 9720 in support.
The lowest resistance line has found 8 matches. R2 is Price Channel Indicator Upper Line with 4 models, and R3 counts Bollinger Upper Band among its 2 studies. S1 leads in support with no less than 14 confirmations, and S2 counts a 50 day moving average among its 3 studies. S3 is confirmed by a psychological level and a 100 day moving average.
You’ve been watching the Support and Resistance Level Report for Wednesday. Check back in tomorrow for the next overview of key price levels.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#165199
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: