24.10.2014 – Support and Resistance by Dukascopy
October 24, 2014 7:02 amVideo
Latest News
- Congrats on Winning in the Ramadan Challenge Promo April 10, 2024
- Forecast for EUR/USD on April 10, 2024 April 10, 2024
- Forecast for GBP/USD on April 10, 2024 April 10, 2024
- Forecast for AUD/USD on April 10, 2024 April 10, 2024
- Financial future on the horizon: US stocks rise ahead of consumer price news April 10, 2024
- Trading Signals for EUR/USD for April 10-12, 2024: sell below 1.0864 (4/8 Murray – symmetrical triangle) April 10, 2024
- Trading Signals for GOLD (XAU/USD) for April 10-12, 2024: sell below $2,364 (6/8 Murray – head and shoulders) April 10, 2024
- Technical Analysis – NZDUSD bulls show up before RBNZ rate announcement April 9, 2024
- Trading Signals for GOLD (XAU/USD) for April 9-11, 2024: sell below $2,364 (6/8 Murray – overbought) April 9, 2024
- Will Friday’s data add to hopes of UK exit from recession? – Preview April 9, 2024
- ECB meeting looms: what to expect April 9, 2024
- EUR/USD: Waiting for price turbulence April 9, 2024
- Technical Analysis – EURUSD remains above SMAs with weak momentum April 9, 2024
- BoC to put June rate-cut on the map-tentatively – Preview April 9, 2024
- Forex forecast 04/09/2024: EUR/USD, GBP/USD, Oil and Bitcoin from Sebastian Seliga April 9, 2024
- Video market update for April 09, 2024 April 9, 2024
- Technical Analysis – EURJPY rises towards 16-year high April 9, 2024
- Market Comment – Gold shines bright, yen knocks on intervention door April 9, 2024
- Technical Analysis – AUDUSD steady after several sessions of gains April 9, 2024
- Technical Analysis – GBPUSD capped by 50-day SMA April 9, 2024
Hello, I’m Sinead MacLaughlin and you’re watching the Support and Resistance Level Report for Friday. Here’s how our in-house model tests out today.
First up is the Euro/Dollar, which is trading in the range limited by R1 of 1 2660 and S1 of 1 2630.
R3 counts Bollinger Upper Band among its 6 studies, and 20 day moving average is among the 4 models for R1. The second resistance line sees 3 confirmations. S2 is a 2 year low with 6 models, and the highest support line has found 5 matches. S3 confirmed by Bollinger Lower Band and another model.
The Cable has seen its ups and downs and now stands between R1 of 1 6050 and S1 of 1 6020.
Standing at a former 6 month low, R1 sees 11 confirmations, and the second line is a 20 day moving average with 8 studies. R3 is backed up by 3 models. S2 is a psychological level with 6 confirmations, and S3 counts Bollinger Lower Band among its 4 studies. The highest support line has found 3 matches.
Next up is the Dollar/Yen, and its yesterday’s rise puts it below R1 of 108 40 and above S1 of 107 90.
R3 is a 4 year high with 7 studies, and the other two resistance lines have found a single match each. S2 is the most confirmed support line with 11 models. S3 counts a 50 day moving average among its 5 studies, and S1 has found 3 matches, including a 20 day moving average.
Dollar/Swiss Franc has mostly been trading sideways, and it has R1 of 0 9550 and S1 of 0 9520.
R1 leads in resistance with 10 models, and R2 counts a 12 month high among its 5 matches. R3 is backed up by Bollinger Upper Band and another study. Standing near a psychological level, S2 has found 8 matches, and a 20 day moving average is among the 7 studies for S1. S3 is Bollinger Lower Band with 5 confirmations.
And that’s all for this week’s last Support and Resistance Level Report. We’ll be back on Monday with the next edition, 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/#139676
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: