17.07.2017 – Support and Resistance by Dukascopy
July 17, 2017 7:03 amVideo
Latest News
- Outlook for EUR/USD on April 16. Another boring Monday April 16, 2024
- The euro hardly has a chance to rise April 16, 2024
- Trading Signals for GOLD (XAU/USD) for April 15-17, 2024: buy above $2,328 (200 EMA – 5/8 Murray) April 15, 2024
- Video market update for April 15, 2024 April 15, 2024
- Trading Signals for GBP/USD for April 15-17, 2024: buy above 1.2450 (21 SMA – 0/8 Murray) April 15, 2024
- The dollar has not reached its potential April 15, 2024
- Analysis of GBP/USD. April 15th. Retail sales in the USA allow the dollar to continue rising April 15, 2024
- China’s Q1 GDP growth next on the Asian calendar – Preview April 15, 2024
- Technical Analysis – Goldman Sachs stock gains on strong earnings April 15, 2024
- Trading Signals for ETH/USD (Ethereum) for April 15-17, 2024: buy above $3,125 (200 EMA – 2/8 Murray) April 15, 2024
- Analysis for EUR/USD on April 15th. Monday – a tough day for the euro April 15, 2024
- GBP/USD: trading plan for the US session on April 15th (analysis of morning deals) April 15, 2024
- EUR/USD: trading plan for the US session on April 15th (analysis of morning deals). Euro is at an impasse April 15, 2024
- GBP/USD: Will sterling hold steady against dollar? April 15, 2024
- Technical Analysis – USDJPY rallies to another fresh 34-year high April 15, 2024
- Will Netflix earnings take the share price closer to its record highs? – Stock Markets April 15, 2024
- EUR/USD. April 15th. Bulls panic and retreat from the market April 15, 2024
- GBP/USD. April 15th. The dollar gains confidence April 15, 2024
- Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, AUD/JPY, and the US Dollar Index April 15, 2024
- XM’s Heartfelt Ramadan Iftar Support April 15, 2024
It’s a new trading week, and the Dukascopy TV team is back with another Support and Resistance Level Report.
We start with the trader’s favourite pair, the Euro/Dollar, which has R1 of 1 1490 and S1 of 1 1450.
R1 is confirmed by Price Channel Indicator Upper Line, a psychological level and 2 other studies, while the upper two resistance lines have found a single match each, including Bollinger Upper Band for R2 and a 2 year high for R3. A former 12 month high is now among the 7 models for S1, and S2 is a 20 day moving average with 4 studies. A 50 day moving average is among the 2 matches for S3.
The Cable has the closest levels of 1 3110 in resistance and 1 3050 in support.
R1 has found 4 matches, including Price Channel Indicator Upper Line and Bollinger Upper Band, while R2 sees a single confirmation. A 12 month high is the only model for R3. S2 leads in support with 11 studies, and S3 is a 50 day moving average with 8 matches. A former 6 year high is among the 3 models for S1.
Dollar/Yen finds itself between R1 of 112 80 and S1 of 112 30.
R2 is the most confirmed resistance line with 14 models. R3 is backed up by Bollinger Upper Band, Price Channel Indicator Upper Line and 4 other studies, and R1 is a 150 day moving average with 4 matches. S2 counts a 100 day moving average among its 3 studies, while the other two support lines see 2 confirmations each, including Bollinger Lower Band for S3.
And Dollar/Swiss Franc stands below R1 of 0 9650 and above S1 of 0 9610.
Standing at a 20 day moving average, R1 is well confirmed with 13 studies. R3 has found 4 matches, including Bollinger Upper Band and Price Channel Indicator Upper Line, and R2 is a 50 day moving average with 2 models. S2 is backed up by Bollinger Lower Band, a 12 month low, Price Channel Indicator Lower Line and 4 other studies, and the highest support line has found 4 matches. S3 is a psychological level with 2 models.
I’m Celeste Skinner and that’s how our in-house model tests out today. Check back in tomorrow for the next overview.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#217084
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: