Hello, I’m Alex Iszatt with the Support and Resistance Level Report for Tuesday. Here’s how our in-house model tests out today. The first pair for this report is the Euro/Dollar, which is trading in the range limited by R1 of 1 2250 and S1 of 1 2220. The second resistance line is a former 2 year low with 7 matches. A 20 day moving average is among the 6 studies for R3, and R1 is backed up by 4 models. S1 leads in support with 7 studies, including Price Channel Indicator Lower Line and Bollinger Lower Band. The second line sees 3 confirmations, and S3 is supported by a 4 year low and another model. The Cable has moved South and now stands between R1 of 1 56 and S1 of 1 5570. R1 has found 7 matches, including a former 12 month low, and the second line is a 20 day moving average with 5 models. R3 is confirmed by Bollinger Upper Band and 2 other studies. S1 counts Bollinger Lower Band among its 6 matches, and the second line sees 4 confirmations, including Price Channel Indicator Lower Line. S3 is a psychological level with 2 models. Dollar/Yen is on the rise again, and it currently stands below R1 of 120 50 and above S1 of 120. The lower two resistance lines see 2 confirmations each, including Bollinger Upper Band for R2, and Price Channel Indicator Upper Line is the only match for R3. Standing near a former 4 year high, S2 is backed up by 9 models, and a 20 day moving average is among the 7 studies for S3. S1 is an important psychological level with 3 confirmations. And the last pair for this report is the Dollar/Swiss Franc, which has R1 of 0 9860 and S1 of 0 9830. R1 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and 4 other studies, and R3 counts an important psychological level among its 3 models. The second line has found a single match. S2 is a former 12 month high with 8 confirmations, and a former 2 year high is among the 6 studies for S1. Standing near a 20 day moving average, S3 has found 5 matches. That’s all for Tuesday’s Support and Resistance Level Report. We’ll be right back after the holidays with our next report, but until then, goodbye.
Hello, I’m Alex Iszatt with the Support and Resistance Level Report for Tuesday. Here’s how our in-house model tests out today.
The first pair for this report is the Euro/Dollar, which is trading in the range limited by R1 of 1 2250 and S1 of 1 2220.
The second resistance line is a former 2 year low with 7 matches. A 20 day moving average is among the 6 studies for R3, and R1 is backed up by 4 models. S1 leads in support with 7 studies, including Price Channel Indicator Lower Line and Bollinger Lower Band. The second line sees 3 confirmations, and S3 is supported by a 4 year low and another model.
The Cable has moved South and now stands between R1 of 1 56 and S1 of 1 5570.
R1 has found 7 matches, including a former 12 month low, and the second line is a 20 day moving average with 5 models. R3 is confirmed by Bollinger Upper Band and 2 other studies. S1 counts Bollinger Lower Band among its 6 matches, and the second line sees 4 confirmations, including Price Channel Indicator Lower Line. S3 is a psychological level with 2 models.
Dollar/Yen is on the rise again, and it currently stands below R1 of 120 50 and above S1 of 120.
The lower two resistance lines see 2 confirmations each, including Bollinger Upper Band for R2, and Price Channel Indicator Upper Line is the only match for R3. Standing near a former 4 year high, S2 is backed up by 9 models, and a 20 day moving average is among the 7 studies for S3. S1 is an important psychological level with 3 confirmations.
And the last pair for this report is the Dollar/Swiss Franc, which has R1 of 0 9860 and S1 of 0 9830.
R1 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and 4 other studies, and R3 counts an important psychological level among its 3 models. The second line has found a single match. S2 is a former 12 month high with 8 confirmations, and a former 2 year high is among the 6 studies for S1. Standing near a 20 day moving average, S3 has found 5 matches.
That’s all for Tuesday’s Support and Resistance Level Report. We’ll be right back after the holidays with our next report, but until then, goodbye.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#144263
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: