It’s time for another edition of the Support and Resistance Level Report. I’m Ben Jones and here’s a closer look at how our in-house model tests out this Thursday. First up is the Euro/Dollar, and its yesterday’s decline puts it between R1 of 1 28 and S1 of 1 2750. The highest resistance line is a 20 day moving average with 7 matches, and a 10 day moving average is among the 3 studies for R2. R1 is backed up by a single model. S2 counts Bollinger Lower Band among its 3 matches, and the other two support lines see a single confirmation each. The Cable has lost some ground as well and now has R1 of 1 6340 and S1 of 1 6310. Standing at a 20 day moving average, R1 sees 6 confirmations, and R3 counts a psychological level among its 3 studies. The second line is a 6 month low with 2 matches. S2 is the most confirmed support line with 7 models, and a 10 day moving average is among the 3 studies for S1. S3 is backed up by Price Channel Indicator Lower Line and Bollinger Lower Band. Dollar/Yen has risen to new heights, and it currently has the closest levels of 109 50 in resistance and 109 10 in support. Price Channel Indicator Upper Line is among the 3 matches for R1. R2 is backed up by Bollinger Upper Band and a psychological level, and the highest resistance line sees a single confirmation. S1 leads in support with 6 studies, and S3 is a 20 day moving average with 3 matches. S2 is confirmed by a 10 day moving average and another model. Dollar/Swiss Franc has been trending North and finds itself below R1 of 0 95 and above S1 of 0 9440. R1 is backed up by Bollinger Upper Band, a psychological level and two other studies, and the upper two resistance lines have found a single match each. R3 is a 2 year high. Standing near a 20 day moving average, S3 sees 11 confirmations, and a 10 day moving average is among the 8 models for S2. S1 is supported by two other studies. You’ve been watching the Support and Resistance Level Report for Thursday. Check back in tomorrow when the next report will be available. Goodbye.
It’s time for another edition of the Support and Resistance Level Report. I’m Ben Jones and here’s a closer look at how our in-house model tests out this Thursday.
First up is the Euro/Dollar, and its yesterday’s decline puts it between R1 of 1 28 and S1 of 1 2750.
The highest resistance line is a 20 day moving average with 7 matches, and a 10 day moving average is among the 3 studies for R2. R1 is backed up by a single model. S2 counts Bollinger Lower Band among its 3 matches, and the other two support lines see a single confirmation each.
The Cable has lost some ground as well and now has R1 of 1 6340 and S1 of 1 6310.
Standing at a 20 day moving average, R1 sees 6 confirmations, and R3 counts a psychological level among its 3 studies. The second line is a 6 month low with 2 matches. S2 is the most confirmed support line with 7 models, and a 10 day moving average is among the 3 studies for S1. S3 is backed up by Price Channel Indicator Lower Line and Bollinger Lower Band.
Dollar/Yen has risen to new heights, and it currently has the closest levels of 109 50 in resistance and 109 10 in support.
Price Channel Indicator Upper Line is among the 3 matches for R1. R2 is backed up by Bollinger Upper Band and a psychological level, and the highest resistance line sees a single confirmation. S1 leads in support with 6 studies, and S3 is a 20 day moving average with 3 matches. S2 is confirmed by a 10 day moving average and another model.
Dollar/Swiss Franc has been trending North and finds itself below R1 of 0 95 and above S1 of 0 9440.
R1 is backed up by Bollinger Upper Band, a psychological level and two other studies, and the upper two resistance lines have found a single match each. R3 is a 2 year high. Standing near a 20 day moving average, S3 sees 11 confirmations, and a 10 day moving average is among the 8 models for S2. S1 is supported by two other studies.
You’ve been watching the Support and Resistance Level Report for Thursday. Check back in tomorrow when the next report will be available. Goodbye.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#137391
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: