You’re watching the Support and Resistance Level Report for Tuesday. Here’s 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 1340 and S1 of 1 13.
The lowest resistance line has found 5 matches. R2 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other studies, and a psychological level is the only model for R3. Standing at a 50 day moving average, S1 sees 9 confirmations. S2 counts a 100 day moving average among its 6 studies, and S3 is supported by a 150 day moving average, Price Channel Indicator Lower Line and 3 other models.
The Cable has the closest levels of 1 4740 in resistance and 1 4640 in support.
The lower two resistance lines see 2 confirmations each, including Price Channel Indicator Upper Line for R1 and Bollinger Upper Band for R2, whereas R3 counts a psychological level as its only match. S2 is a 50 day moving average with 4 models. Bollinger Lower Band is among the 2 studies for S3, and the highest support line has found a single match.
Dollar/Yen has seen both ups and downs, and it now has R1 of 104 50 and S1 of 104 10.
Standing at a former 12 month low, R2 sees 5 confirmations. The lowest resistance line has found 3 matches, and a 50 day moving average is the only model for R3. The highest support line has found 5 matches, and Price Channel Indicator Lower Line is among the 3 models for S2. The lowest support line is a 2 year low with 2 matches.
And Dollar/Swiss Franc has mostly been trading between R1 of 0 9630 and S1 of 0 9580.
R1 is the most confirmed resistance line with 10 models. R3 is Price Channel Indicator Upper Line with 2 studies, and a 20 day moving average is the only match for R2. S1 counts Price Channel Indicator Lower Line among its 8 studies, and S3 is a 6 month low with 4 confirmations. S2 is a psychological level with 2 models.
I’m Celeste Skinner and this was the Support and Resistance Level Report for Tuesday. Stay with Dukascopy TV to follow the latest movements in the currency markets.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#187090

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

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.