It’s time for this week’s last edition of the Support and Resistance Level Report. I’m Ben Jones and here’s how our in-house model tests out this Friday. Euro/Dollar has been moving in waves and now stands between R1 of 1 2580 and S1 of 1 2540. R1 is the most confirmed resistance line with 3 studies, and R2 is a 50 day moving average with 2 matches. R3 is backed up by Bollinger Upper Band and another model. Standing near a 12 month low, S3 sees 11 confirmations. The highest support line counts a 10 day moving average among its 10 studies, and a psychological level is among the 9 models for S2. Next up is the Cable, which is trading in the range limited by R1 of 1 5720 and S1 of 1 5680. R2 is a 12 month low with 5 confirmations. R3 is backed up by a 20 day moving average, a 6 month low and two other studies, and the lowest resistance line has found a single match. S1 leads in support with 9 models, and Price Channel Indicator Lower Line is among the 3 matches for S2. S3 is confirmed by Bollinger Lower Band and another study. Dollar/Yen has finally seen a correction which leaves it below R1 of 118 10 and above S1 of 117 70. R2 counts Price Channel Indicator Upper Line among its 3 studies. The lowest resistance line has found 2 confirmations, and Bollinger Upper Band is the only match for R3. S2 is the most confirmed support line with 5 models, and S3 counts a psychological level among its 3 studies. The highest support line sees 2 confirmations. Dollar/Swiss Franc has mostly been trading sideways, and it has R1 of 0 9590 and S1 of 0 9560. The lowest resistance line has found 12 confirmations, and R3 counts a 12 month high among its 10 studies. Standing near a 20 day moving average, the second line has found 7 matches. S1 is backed up by 6 studies, and S3 counts Price Channel Indicator Lower Line among its 3 models. The second line sees 2 confirmations, including Bollinger Lower Band. So that’s all for Friday’s Support and Resistance Level Report. We’ll be back on Monday with the next overview of key price levels. Goodbye.
It’s time for this week’s last edition of the Support and Resistance Level Report. I’m Ben Jones and here’s how our in-house model tests out this Friday.
Euro/Dollar has been moving in waves and now stands between R1 of 1 2580 and S1 of 1 2540.
R1 is the most confirmed resistance line with 3 studies, and R2 is a 50 day moving average with 2 matches. R3 is backed up by Bollinger Upper Band and another model. Standing near a 12 month low, S3 sees 11 confirmations. The highest support line counts a 10 day moving average among its 10 studies, and a psychological level is among the 9 models for S2.
Next up is the Cable, which is trading in the range limited by R1 of 1 5720 and S1 of 1 5680.
R2 is a 12 month low with 5 confirmations. R3 is backed up by a 20 day moving average, a 6 month low and two other studies, and the lowest resistance line has found a single match. S1 leads in support with 9 models, and Price Channel Indicator Lower Line is among the 3 matches for S2. S3 is confirmed by Bollinger Lower Band and another study.
Dollar/Yen has finally seen a correction which leaves it below R1 of 118 10 and above S1 of 117 70.
R2 counts Price Channel Indicator Upper Line among its 3 studies. The lowest resistance line has found 2 confirmations, and Bollinger Upper Band is the only match for R3. S2 is the most confirmed support line with 5 models, and S3 counts a psychological level among its 3 studies. The highest support line sees 2 confirmations.
Dollar/Swiss Franc has mostly been trading sideways, and it has R1 of 0 9590 and S1 of 0 9560.
The lowest resistance line has found 12 confirmations, and R3 counts a 12 month high among its 10 studies. Standing near a 20 day moving average, the second line has found 7 matches. S1 is backed up by 6 studies, and S3 counts Price Channel Indicator Lower Line among its 3 models. The second line sees 2 confirmations, including Bollinger Lower Band.
So that’s all for Friday’s Support and Resistance Level Report. We’ll be back on Monday with the next overview of 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/#141825
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: