Good Monday morning, traders, the Dukascopy TV team is here with this week’s first Support and Resistance Level Report.
Euro/Dollar is trading in the range limited by R1 of 1 0890 and S1 of 1 0860.
R2 is a psychological level with 7 models, and R3 is a 20 day moving average with 4 matches. The lowest resistance line sees 2 confirmations. S1 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band and 3 other studies, whereas the other two support lines have found a single match each, including a 12 month low for S3.
The Cable has the closest levels of 1 2230 in resistance and 1 2180 in support.
The lowest resistance line has found 7 models, and R2 sees 6 confirmations. R3 is a 20 day moving average with 2 matches. S1 is the most confirmed support line with 8 studies, and S2 is a psychological level with 2 models. Price Channel Indicator Lower Line is among the 2 models for S3.
Dollar/Yen finds itself below R1 of 104 and above S1 of 103 70.
R1 leads in resistance with 11 models, and Price Channel Indicator Upper Line is among the 2 studies for R2. R1 is a 150 day moving average with 2 matches. S1 is the most confirmed support line with 9 models, and S2 is a 100 day moving average with 2 studies. Bollinger Lower Band is the only confirmation for S3.
And Dollar/Swiss Franc stands between R1 of 0 9960 and S1 of 0 9930.
R1 is well confirmed with 11 studies, including Price Channel Indicator Uppr Line. R2 is backed up by a psychological level, Bollinger Upper Band and 3 other models, and R3 sees a single confirmation. The highest support line has found 7 matches. S3 is confirmed by Price Channel Indicator Lower Line, Bollinger Lower Band and another model, whereas S2 is a 20 day moving average with 2 matches.
I’m Jessica Walker and that’s how our in-house model tests out today, but there’s plenty of news coming up, so stay with us.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#197103

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.