18.12.2017 – Support and Resistance by Dukascopy
December 18, 2017 8:01 amVideo
Latest News
- What’s next for markets amid Israel-Iran tensions? – Special Report April 16, 2024
- Technical Analysis – GBPUSD pulls back into the negative zone April 16, 2024
- Geopolitical developments and stronger US data push volatility to new highs across the board – Volatility Watch April 16, 2024
- Technical Analysis – AUDUSD breaks the lower bound of a sideways range April 16, 2024
- Video market update for April 16, 2024 April 16, 2024
- Hot forecast for EUR/USD on April 16, 2024 April 16, 2024
- Technical Analysis – EURUSD dives further near 1.0600 April 16, 2024
- XM 2024 Ramadan Promotion Winners April 16, 2024
- EUR/USD and GBP/USD: Technical analysis on April 16 April 16, 2024
- Key events on April 16: fundamental analysis for beginners April 16, 2024
- Overview of the GBP/USD pair. April 16th. The pound may rebound, but the flat is over, and there are no reasons for growth April 16, 2024
- Trading plan for GBP/USD on April 16. Simple tips for beginners April 16, 2024
- Trading plan for EUR/USD on April 16. Simple tips for beginners April 16, 2024
- Overview of the EUR/USD pair. April 16th. In plain text: The ECB will cut rates in June April 16, 2024
- Forecast for EUR/USD on April 16, 2024 April 16, 2024
- Forecast for GBP/USD on April 16, 2024 April 16, 2024
- Forecast for AUD/USD on April 16, 2024 April 16, 2024
- Outlook for GBP/USD on April 16. Pound awaits inflation data April 16, 2024
- Outlook for EUR/USD on April 16. Another boring Monday April 16, 2024
- The euro hardly has a chance to rise April 16, 2024
Good Monday morning, you’re watching this week’s first Support and Resistance Level Report.
Euro/Dollar has the closest levels of 1 1770 in resistance and 1 1740 in support.
Standing near a 50 day moving average, R1 is well confirmed with 12 models. R2 is a 100 day moving average with 7 models, and Bollinger Upper Band is among the 2 studies for R3. The highest support line sees 6 confirmations. S2 is backed up by Price Channel Indicator Lower Line, Bollinger Lower Band and 3 other matches, and S3 is a 150 day moving average with 2 models.
Next up is the Cable, which stands below R1 of 1 3360 and above S1 of 1 3330.
R2 counts a 20 day moving average among its 9 models, whereas the lowest resistance line has found 4 matches. R3 is Price Channel Indicator Upper Line with 3 studies. S1 leads in support with 7 technicals, and the lower two lines have found 2 matches each, including a 50 day moving average for S2 and Bollinger Lower Band for S3.
Dollar/Yen is trading in the range limited by R1 of 112 90 and S1 of 112 60.
R2 is the most confirmed support line with 7 studies, and a 50 day moving average is among the 5 models for R1. R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and another technical. The highest support line has found 8 matches, and S2 counts a 20 day moving average among its 7 models. S3 sees 4 confirmations, including Bollinger Lower Band and Price Channel Indicator Lower Line.
And Dollar/Swiss Franc finds itself between R1 of 0 9920 and S1 of 0 9890.
The lowest resistance line has found 10 matches. R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other studies, and R3 is a major psychological level with 2 models. S1 is well supported with 15 studies, including a 50 day moving average, and S2 counts a 20 day moving average among its 6 confirmations. S3 is backed up by Bollinger Lower Band, a 100 day moving average and another model.
So that’s how our in-house model tests out today. I’m Jessica Walker and we’ll be back tomorrow with the next overview. See you then.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#229639
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: