Good morning, traders, you’re watching this week’s last Support and Resistance Level Report. Euro/Dollar saw some volatility yesterday, but it now is back between R1 of 1 2460 and S1 of 1 2410. Price Channel Indicator Upper Line is among the 2 models for R2, while the other two resistance lines have found a single match each. R3 is a psychological level. S2 leads in support with 9 studies, and S3 is a former 2 year high with 3 models. The highest support line has found 2 matches. The Cable has seen a correction, which leaves it below R1 of 1 4190 and above S1 of 1 4080. R1 counts Bollinger Upper Band among its 3 studies, and Price Channel Indicator Upper Line is among the 2 models for R2. A psychological level is the only match for R3. Standing at a 20 day moving average, S3 sees 2 confirmations, and the upper two support lines have found a single match each. S2 is a psychological level. Dollar/Yen has recovered some ground and now has R1 of 109 90 and S1 of 109 30. R2 leads in resistance with 8 models, and R3 is a 20 day moving average with 3 studies. R1 counts a psychological level among its 2 matches. Bollinger Lower Band is among the 4 studies for S1, and S3 is a 12 month low with 3 confirmations. S2 counts Price Channel Indicator Lower Line among its 2 models. And Dollar/Swiss Franc also saw some volatility yesterday, but it currently stands between R1 of 0 9940 and S1 of 0 9350. R3 is a 20 day moving average with 4 studies, while the lower two resistance lines have found 2 matches each, including a psychological level for R2. Price Channel Indicator Lower Line is among the 2 models for S2, and S3 is a psychological level with 2 studies. The highest support line has found a single match. I’m Jessica Walker and that’s how our in-house model tests out this Friday morning. We’ll be right back on Monday, so see you then.
Good morning, traders, you’re watching this week’s last Support and Resistance Level Report.
Euro/Dollar saw some volatility yesterday, but it now is back between R1 of 1 2460 and S1 of 1 2410.
Price Channel Indicator Upper Line is among the 2 models for R2, while the other two resistance lines have found a single match each. R3 is a psychological level. S2 leads in support with 9 studies, and S3 is a former 2 year high with 3 models. The highest support line has found 2 matches.
The Cable has seen a correction, which leaves it below R1 of 1 4190 and above S1 of 1 4080.
R1 counts Bollinger Upper Band among its 3 studies, and Price Channel Indicator Upper Line is among the 2 models for R2. A psychological level is the only match for R3. Standing at a 20 day moving average, S3 sees 2 confirmations, and the upper two support lines have found a single match each. S2 is a psychological level.
Dollar/Yen has recovered some ground and now has R1 of 109 90 and S1 of 109 30.
R2 leads in resistance with 8 models, and R3 is a 20 day moving average with 3 studies. R1 counts a psychological level among its 2 matches. Bollinger Lower Band is among the 4 studies for S1, and S3 is a 12 month low with 3 confirmations. S2 counts Price Channel Indicator Lower Line among its 2 models.
And Dollar/Swiss Franc also saw some volatility yesterday, but it currently stands between R1 of 0 9940 and S1 of 0 9350.
R3 is a 20 day moving average with 4 studies, while the lower two resistance lines have found 2 matches each, including a psychological level for R2. Price Channel Indicator Lower Line is among the 2 models for S2, and S3 is a psychological level with 2 studies. The highest support line has found a single match.
I’m Jessica Walker and that’s how our in-house model tests out this Friday morning. We’ll be right back on Monday, so see you then.
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