Good morning, traders, you’re watching the Support and Resistance Level Report for Thursday.
Euro/Dollar is trading in the range limited by R1 of 1 1880 and S1 of 1 1850.
The lowest resistance line sees 3 confirmations, and Price Channel Indicator Upper Line is among the 2 models for R2. R3 counts a psychological level as its only match. The highest support line sees 8 confirmations, and S2 is a 100 day moving average with 6 studies. S3 counts a 50 day moving average among its 5 models.
The Cable has inched lower and now stands between R1 of 1 3370 and S1 of 1 3340.
Standing near a 20 day moving average, R2 has found 9 matches. The lowest resistance line sees 6 confirmations, while R3 is backed up by Bollinger Upper Band, a psychological level and 2 other studies. S1 leads in support with 10 models, and S2 has found 3 matches, including Bollinger Lower Band and a 50 day moving average. S3 is supported by Price Channel Indicator Lower Line, a 100 day moving average and another model.
Dollar/Yen has been trending North, and it finds itself between R1 of 113 60 and S1 of 113 30.
R1 leads in resistance with 8 models. R2 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other technicals, and R3 is a psychological level with 2 studies. S3 is a 20 day moving average with 8 models, and S2 counts a 50 day moving average among its 7 studies. The highest support line has found 4 matches.
And Dollar/Swiss Franc has the closest levels of 0 9870 in resistance and 0 9840 in support.
Standing near a 50 day moving average, R2 is well confirmed with 13 models. R1 counts a 20 day moving average among its 10 studies, and Bollinger Upper Band is among the 3 matches for R3. S1 leads in support with 6 technicals. S2 is backed up by a 100 day moving average, Bollinger Lower Band and 2 other studies, whereas S3 has found 3 matches, including Price Channel Indicator Lower Line and a 150 day moving average.
So that’s how our in-house model tests out this morning. I’m Kiays Khalil and we’ll be back tomorrow with the last overview before the holiday season. See you then.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#229986

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.