The Dukascopy TV team brings you another edition of the Support and Resistance Level Report. I’m Imogen Comrie with a closer look at how our in-house model tests out this Tuesday.
Euro/Dollar gained some ground yesterday and now has the closest levels of 1 2440 in resistance and 1 24 in support.
R2 is well confirmed with 12 studies, including a 2 year low, a 20 day moving average and a psychological level. The lowest resistance line has found 7 confirmations, and R3 counts a 50 day moving average as its only match. Price Channel Indicator Lower Line is among the 4 models for S2, and S3 is Bollinger Lower Band with 3 matches. The highest support line is backed up by 2 studies.
The Cable has inched higher as well, and it finds itself between R1 of 1 57 and S1 of 1 5670.
R1 leads in resistance with 7 models, and R3 is a former 6 month low with 4 confirmations. R2 is backed up by a 20 day moving average and another study. S1 is the most confirmed support line with 15 models. S2 counts Price Channel Indicator Lower Line among its 3 matches, and S3 is Bollinger Lower Band with 2 studies.
Dollar/Yen has moved lower this morning, and it now stands below R1 of 118 10 and S1 of 117 80.
The lowest resistance line has found 5 confirmations. Price Channel Indicator Upper Line is among the 3 matches for R2, and R3 is an important psychological level with one study. The highest support line sees 7 confirmations, and S2 is a 10 day moving average with 2 models. S3 counts a psychological level as its only match.
And last up is the Dollar/Swiss Franc, which has been trading in the range limited by R1 of 0 9690 and S1 of 0 9660.
Standing at a 12 month high, R1 has found 8 matches. R2 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other studies, and R3 counts a 2 year high among its 2 studies. S1 leads in support with 7 models, and a 20 day moving average is among the 5 matches for S2. S3 is a 50 day moving average with 2 confirmations.
You’ve been watching the Support and Resistance Level Report for Tuesday. Check back in tomorrow when the next report will be available. Goodbye.

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