18.11.2014 – Support and Resistance by Dukascopy
November 18, 2014 8:03 amVideo
Latest News
- Technical Analysis – Gold struggles to jump above 2,400 April 17, 2024
- GBP/USD: trading tips for beginners for European session on April 17 April 17, 2024
- EUR/USD: trading tips for beginners for European session on April 17 April 17, 2024
- Market Comment – Geopolitics and Fedspeak keep stocks under pressure April 17, 2024
- Technical Analysis – USDJPY on the verge of hitting 155.00 milestone April 17, 2024
- Hot forecast for EUR/USD on April 17, 2024 April 17, 2024
- Overview for the GBP/USD pair on April 17th. British inflation could weigh on the pound April 17, 2024
- Technical Analysis – NZDUSD bounces off 5-month low April 17, 2024
- Overview for the EUR/USD pair on April 17th. There is no single reason for the euro to rise April 17, 2024
- Key events on April 17: fundamental analysis for beginners April 17, 2024
- Trading plan for GBP/USD on April 17. Simple tips for beginners April 17, 2024
- Trading plan for EUR/USD on April 17. Simple tips for beginners April 17, 2024
- Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Wednesday April 17, 2024. April 17, 2024
- Technical Analysis of Intraday Price Movement of Crude Oil Commodity Asset, Wednesday April 17, 2024. April 17, 2024
- Forecast for EUR/USD on April 17, 2024 April 17, 2024
- Forecast for GBP/USD on April 17, 2024 April 17, 2024
- Forecast for USD/JPY on April 17, 2024 April 17, 2024
- Outlook for EUR/USD on April 17. A boring Monday seamlessly transitioned into a boring Tuesday April 17, 2024
- Will the euro manage to save itself? April 17, 2024
- Analysis for GBP/USD on April 16th. The pound should not count on support from Powell April 16, 2024
It’s time once again for another Support and Resistance Level Report. I’m Imogen Comrie and here’s a look at how our in-house model tests out on this Tuesday.
First up is the Euro/Dollar, which trades between R1 of 1 25 and S1 of 1 2460.
The first resistance level with a key psychological level with a total of 8 confirmations. R2 has a 20 day moving average among its 4 matches and a 50 day moving average s one of the 2 confirmations for R3. S1 leads in support with 6 matches and it’s backed up by a 10 day moving average. S2 sees 5 confirmations and 2 matches for S3, which is a price channel indicator lower line.
The Cable is quite a stretch below R1 of 1 5740 and just slightly above S1 of 1 5640.
All three resistance levels have an equal number of 2 matches. R1 is a 5 day moving average, R2 is a 20 day moving average and R3 is a psychological level. S1 has found 5 matches, including Bollinger lower band. S2 has a price channel indicator lower line among its 3 matches and S3 is a psychological level.
Dollar/Yen has been relatively flat lately, trading between R1 of 116 90 and S1 of 116.
R1 is backed up by price channel indicator upper line and 2 more models. R2 is a Bollinger upper band and R3 is a psychological level. S2 leads in support with 3 matches and it’s a key psychological level. S1 and S3 both have 2 matches. The first line is a 5 day moving average and S3 is a 20 day moving average.
And last up for this report is Dollar/Swissie, which has R1 of 0 9650 and S1 of 0 96.
The first resistance level has a total of 12 matches and it’s a 10 day moving average. R2 follows with 4 matches, including price channel indicator upper line and Bollinger upper band. R3 is a 2 year high with a total of 2 matches. S1 and S3 both have found 2 matches. The first line is a 20 day moving average and S3 is a Bollinger lower band. S2 is a psychological level.
That concludes the Support and Resistance Level Report for Tuesday. We’ll be returning tomorrow with the next run-down 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/#141494
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: