It’s a new trading week, and the Dukascopy TV team is back with another Support and Resistance Level Report.
Euro/Dollar has seen its ups and downs, but it currently stands between R1 of 1 1940 and S1 of 1 1910.
Standing at a 20 day moving average, R1 is well confirmed with 11 studies, while R2 is a psychological level with 8 studies. R3 is a 2 year high with 7 confirmations. S1 leads in support with 4 models, and Bollinger Lower Band is among the 3 matches for S2. S3 counts Price Channel Indicator Lower Line among its 2 studies.
The Cable has also been moving in waves, and it now has the closest levels of 1 3580 in resistance and 1 3530 in support.
The lowest resistance line has found 7 matches, and Price Channel Indicator Upper Line is among the 3 models for R2. R3 counts Bollinger Upper Band as its only confirmation. Standing at a psychological level, S2 has found 8 matches, and the highest support line sees 7 confirmations. A former 12 month high is now among the 4 technicals for S3.
Dollar/Yen is trading in the range limited by R1 of 112 30 and S1 of 112.
Price Channel Indicator Upper Line is among the 6 studies for R2, while the lowest resistance line has found 4 matches. R3 sees a single confirmation. Standing near a 150 day moving average, S2 has found 8 matches, and S3 counts a 100 day moving average among its 6 studies. The highest support line is backed up by 3 models.
And Dollar/Swiss Franc finds itself below R1 of 0 9730 and above S1 of 0 97.
Standing near a 150 day moving average, R2 sees 4 confirmations. Bollinger Upper Band is among the 3 models for R1, and the highest resistance line has found a single match. S3 counts a 50 day moving average among its 9 studies, and S2 is a 100 day moving average with 7 technicals. The highest support line sees 5 confirmations.
I’m Celeste Skinner and that’s how our in-house model tests out this Monday morning, but the trading week is just getting started, 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/#221487

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.