Hello, I’m Ben Jones with another Support and Resistance Level Report. Let’s see how our in-house model tests out this Thursday. The first pair for this report is the Euro/Dollar, and its yesterday’s decline leaves it between R1 of 1 2660 and S1 of 1 2630. R2 is a 20 day moving average with 5 studies, and the lowest resistance line has found 4 matches. R3 is confirmed by Price Channel Indicator Upper Line and another model. A 2 year low is among the 6 studies for S2, and the highest support line sees 4 confirmations. S3 is backed up by Price Channel Indicator Lower Line, a psychological level and another model. The Cable has been trending South as well, and it is now trading in the range limited by R1 of 1 6060 and S1 of 1 6010. Standing near a 6 month low, R1 is well confirmed with 12 studies, and R2 is a 20 day moving average with 8 models. R3 is backed up by a 50 day moving average and Bollinger Upper Band. The second support line has found 4 matches, and a psychological level is among the 3 studies for S1. S3 is supported by Bollinger Lower Band and another model. Dollar/Yen has inched higher, which puts it below R1 of 107 60 and above S1 of 107 10. R3 counts a 4 year high among its 6 confirmations. The lowest resistance line has found 3 matches, and R2 is a 20 day moving average with 2 studies. S1 is the most confirmed support line with 12 models, and a 50 day moving average is among the 4 matches for S2. S3 is Bollinger Lower Band with 3 confirmations. Dollar/Swiss Franc is on the rise, and it has the closest levels of 0 9560 in resistance and 0 9530 in support. A 12 month high is among the 6 studies for R2. The lowest resistance line has found 5 matches, and R3 is confirmed by Bollinger Upper Band and another model. Standing near a 20 day moving average, S1 sees 10 confirmations, and S2 counts a psychological level among its 6 studies. S3 is supported by Price Channel Indicator Lower Line, a 50 day moving average and 2 other models. You’ve been watching the Support and Resistance Level Report for Thursday. Check back in tomorrow for this week’s last report. Goodbye.
Hello, I’m Ben Jones with another Support and Resistance Level Report. Let’s see how our in-house model tests out this Thursday.
The first pair for this report is the Euro/Dollar, and its yesterday’s decline leaves it between R1 of 1 2660 and S1 of 1 2630.
R2 is a 20 day moving average with 5 studies, and the lowest resistance line has found 4 matches. R3 is confirmed by Price Channel Indicator Upper Line and another model. A 2 year low is among the 6 studies for S2, and the highest support line sees 4 confirmations. S3 is backed up by Price Channel Indicator Lower Line, a psychological level and another model.
The Cable has been trending South as well, and it is now trading in the range limited by R1 of 1 6060 and S1 of 1 6010.
Standing near a 6 month low, R1 is well confirmed with 12 studies, and R2 is a 20 day moving average with 8 models. R3 is backed up by a 50 day moving average and Bollinger Upper Band. The second support line has found 4 matches, and a psychological level is among the 3 studies for S1. S3 is supported by Bollinger Lower Band and another model.
Dollar/Yen has inched higher, which puts it below R1 of 107 60 and above S1 of 107 10.
R3 counts a 4 year high among its 6 confirmations. The lowest resistance line has found 3 matches, and R2 is a 20 day moving average with 2 studies. S1 is the most confirmed support line with 12 models, and a 50 day moving average is among the 4 matches for S2. S3 is Bollinger Lower Band with 3 confirmations.
Dollar/Swiss Franc is on the rise, and it has the closest levels of 0 9560 in resistance and 0 9530 in support.
A 12 month high is among the 6 studies for R2. The lowest resistance line has found 5 matches, and R3 is confirmed by Bollinger Upper Band and another model. Standing near a 20 day moving average, S1 sees 10 confirmations, and S2 counts a psychological level among its 6 studies. S3 is supported by Price Channel Indicator Lower Line, a 50 day moving average and 2 other models.
You’ve been watching the Support and Resistance Level Report for Thursday. Check back in tomorrow for this week’s last report. Goodbye.
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