You’re watching the Support and Resistance Level Report for Wednesday. Here’s how our in-house model tests out. Euro/Dollar has seen a decline, which leaves it between R1 of 1 1150 and S1 of 1 1120. Standing at a 20 day moving average, R2 is well confirmed with 16 models, while the lowest resistance line has found 9 matches. R3 is a 6 month high with 5 studies. S1 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and 6 other models, whereas the lower two support lines see 2 confirmations each. S2 is a 50 day moving average, and S3 is a 100 day moving average. The Cable is down as well, and it currently stands below R1 of 1 2640 and above S1 of 1 26. R2 is the most confirmed resistance line with 13 models, and R1 counts a 100 day moving average among its 5 matches. R3 is backed up by Bollinger Upper Band, a psychological level and another study. S1 counts Price Channel Indicator Lower Line among its 2 confirmations, while S2 is a 150 day moving average with 2 models. S3 counts a psychological level among its 2 technicals. Dollar/Yen is another pair that’s been trending South, as it has R1 of 111 40 and S1 of 111 10. R2 counts a 100 day moving average among its 6 models, while the lowest resistance line sees 4 confirmations. R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and another study. S3 is a psychological level with 8 models, and S1 counts a 50 day moving average among its 7 studies. Standing at a 20 day moving average, S2 sees 3 confirmations. And Dollar/Swiss Franc has been moving in waves, but it currently stands between R1 of 0 9760 and S1 of 0 9730. R1 leads in resistance with 12 models, and R2 has found 3 matches, including Price Channel Indicator Upper Line and Bollinger Upper Band. R3 is a 50 day moving average with 2 studies. Standing near a 20 day moving average, S2 is well confirmed with 16 models, and the highest support line has found 9 matches. S3 is supported by Bollinger Lower Band, Price Channel Indicator Lower Line and another model. I’m Jack Everitt and this was the Support and Resistance Level Report for Wednesday. Check back in tomorrow for the next overview.
You’re watching the Support and Resistance Level Report for Wednesday. Here’s how our in-house model tests out.
Euro/Dollar has seen a decline, which leaves it between R1 of 1 1150 and S1 of 1 1120.
Standing at a 20 day moving average, R2 is well confirmed with 16 models, while the lowest resistance line has found 9 matches. R3 is a 6 month high with 5 studies. S1 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and 6 other models, whereas the lower two support lines see 2 confirmations each. S2 is a 50 day moving average, and S3 is a 100 day moving average.
The Cable is down as well, and it currently stands below R1 of 1 2640 and above S1 of 1 26.
R2 is the most confirmed resistance line with 13 models, and R1 counts a 100 day moving average among its 5 matches. R3 is backed up by Bollinger Upper Band, a psychological level and another study. S1 counts Price Channel Indicator Lower Line among its 2 confirmations, while S2 is a 150 day moving average with 2 models. S3 counts a psychological level among its 2 technicals.
Dollar/Yen is another pair that’s been trending South, as it has R1 of 111 40 and S1 of 111 10.
R2 counts a 100 day moving average among its 6 models, while the lowest resistance line sees 4 confirmations. R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and another study. S3 is a psychological level with 8 models, and S1 counts a 50 day moving average among its 7 studies. Standing at a 20 day moving average, S2 sees 3 confirmations.
And Dollar/Swiss Franc has been moving in waves, but it currently stands between R1 of 0 9760 and S1 of 0 9730.
R1 leads in resistance with 12 models, and R2 has found 3 matches, including Price Channel Indicator Upper Line and Bollinger Upper Band. R3 is a 50 day moving average with 2 studies. Standing near a 20 day moving average, S2 is well confirmed with 16 models, and the highest support line has found 9 matches. S3 is supported by Bollinger Lower Band, Price Channel Indicator Lower Line and another model.
I’m Jack Everitt and this was the Support and Resistance Level Report for Wednesday. 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/#215450
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: