Good morning, traders, this is the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out. Euro/Dollar is on the rise, and it stands between R1 of 1 2470 and S1 of 1 2410. R2 is a psychological level with 2 confirmations, while the upper and lower resistance lines have found a single match each. S2 leads in support with 11 models, and a former 2 year high is now among the 4 studies for S3. The highest support line has found 2 matches. The Cable is up as well, having the closest levels of 1 4320 in resistance and 1 4260 in support. The pair still sees little resistance at its new level, as all three resistance lines have found a single match each. R2 is a psychological level, and R3 is a 2 year high. S2 is a psychological level with 3 models, and the highest support line has found 2 matches. S3 is a 20 day moving average with 2 studies. Dollar/Yen, on the other hand, is down, trading below R1 of 109 50 and above S1 of 108 80. A psychological level is among the 3 studies for R2, whereas the lowest resistance line has found 2 matches. R3 counts a 20 day moving average as its only model. Standing at a former 2 year low, S2 sees 3 confirmations, and S1 has found 2 matches. S3 is a psychological level with 2 studies. And Dollar/Swiss Franc has also seen a decline, as it now has R1 of 0 9490 and S1 of 0 94. R2 leads in resistance with 7 models, and R3 is a 20 day moving average with 4 studies. R1 counts a psychological level among its 2 technicals. S3 is another psychological level with 2 studies, while the upper two support lines have found a single match each. You’ve been watching the Support and Resistance Level Report with me, Jessica Walker. Check back in tomorrow for this week’s last overview.
Good morning, traders, this is the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out.
Euro/Dollar is on the rise, and it stands between R1 of 1 2470 and S1 of 1 2410.
R2 is a psychological level with 2 confirmations, while the upper and lower resistance lines have found a single match each. S2 leads in support with 11 models, and a former 2 year high is now among the 4 studies for S3. The highest support line has found 2 matches.
The Cable is up as well, having the closest levels of 1 4320 in resistance and 1 4260 in support.
The pair still sees little resistance at its new level, as all three resistance lines have found a single match each. R2 is a psychological level, and R3 is a 2 year high. S2 is a psychological level with 3 models, and the highest support line has found 2 matches. S3 is a 20 day moving average with 2 studies.
Dollar/Yen, on the other hand, is down, trading below R1 of 109 50 and above S1 of 108 80.
A psychological level is among the 3 studies for R2, whereas the lowest resistance line has found 2 matches. R3 counts a 20 day moving average as its only model. Standing at a former 2 year low, S2 sees 3 confirmations, and S1 has found 2 matches. S3 is a psychological level with 2 studies.
And Dollar/Swiss Franc has also seen a decline, as it now has R1 of 0 9490 and S1 of 0 94.
R2 leads in resistance with 7 models, and R3 is a 20 day moving average with 4 studies. R1 counts a psychological level among its 2 technicals. S3 is another psychological level with 2 studies, while the upper two support lines have found a single match each.
You’ve been watching the Support and Resistance Level Report with me, Jessica Walker. Check back in tomorrow for this week’s last overview.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#233641
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: