Hello, I’m Monica Gibson and you’re watching another edition of the Support and Resistance Level Report. Here’s how our in-house model tests out this Tuesday. First up is the Euro/Dollar, and for the last couple of days it has been trading in the range limited by R1 of 1 3210 and S1 of 1 3180. The lowest resistance line is backed up by 9 models, and R2 counts Bollinger Upper Band among its 4 studies. R3 is a 10 day moving average with 3 matches. Price Channel Indicator Lower Line is among the 6 confirmations for S1, and S3 is a 12 month low with 3 models. The second line has found a single match. The Cable has been moving in waves, and it now stands between R1 of 1 66 and S1 of 1 6570. Standing near a 3 month low, R3 sees 11 confirmations, and R1 has found 8 matches. The second line counts a 10 day moving average among its 3 studies. S1 is the most confirmed support line with 7 models, and S2 has found 5 matches, including Price Channel Indicator Lower Line. S3 is backed up by Bollinger Lower Band, a psychological level and another model. Next up is the Dollar/Yen, which has lost some ground and finds itself below R1 of 104 and S1 of 103 70. R1 leads in resistance with 10 studies, including Bollinger Upper Band and a 6 month high, and Price Channel Indicator Upper Line is among the 6 models for R2. Standing near the important psychological level of 105, R3 sees 2 confirmations. The highest support line is backed up by 8 models, and S3 is a 20 day moving average with 7 studies. A 3 month low is among the 4 matches for S2. And last up is the Dollar/Swiss Franc, which has the closest levels of 0 9160 in resistance and 0 9130 in support. R1 counts Price Channel Indicator Upper Line and Bollinger Upper Band among its 10 studies, and R2 is confirmed by 3 models. The highest resistance line has found a single match. Standing near a 6 month high, S2 sees 11 confirmations, and the highest support line has found 9 matches. A 20 day moving average is among the 6 studies for S3. You’ve been watching the Support and Resistance Level Report for Tuesday. Check back in tomorrow for the next report. Goodbye.
Hello, I’m Monica Gibson and you’re watching another edition of the Support and Resistance Level Report. Here’s how our in-house model tests out this Tuesday.
First up is the Euro/Dollar, and for the last couple of days it has been trading in the range limited by R1 of 1 3210 and S1 of 1 3180.
The lowest resistance line is backed up by 9 models, and R2 counts Bollinger Upper Band among its 4 studies. R3 is a 10 day moving average with 3 matches. Price Channel Indicator Lower Line is among the 6 confirmations for S1, and S3 is a 12 month low with 3 models. The second line has found a single match.
The Cable has been moving in waves, and it now stands between R1 of 1 66 and S1 of 1 6570.
Standing near a 3 month low, R3 sees 11 confirmations, and R1 has found 8 matches. The second line counts a 10 day moving average among its 3 studies. S1 is the most confirmed support line with 7 models, and S2 has found 5 matches, including Price Channel Indicator Lower Line. S3 is backed up by Bollinger Lower Band, a psychological level and another model.
Next up is the Dollar/Yen, which has lost some ground and finds itself below R1 of 104 and S1 of 103 70.
R1 leads in resistance with 10 studies, including Bollinger Upper Band and a 6 month high, and Price Channel Indicator Upper Line is among the 6 models for R2. Standing near the important psychological level of 105, R3 sees 2 confirmations. The highest support line is backed up by 8 models, and S3 is a 20 day moving average with 7 studies. A 3 month low is among the 4 matches for S2.
And last up is the Dollar/Swiss Franc, which has the closest levels of 0 9160 in resistance and 0 9130 in support.
R1 counts Price Channel Indicator Upper Line and Bollinger Upper Band among its 10 studies, and R2 is confirmed by 3 models. The highest resistance line has found a single match. Standing near a 6 month high, S2 sees 11 confirmations, and the highest support line has found 9 matches. A 20 day moving average is among the 6 studies for S3.
You’ve been watching the Support and Resistance Level Report for Tuesday. Check back in tomorrow for the next report. Goodbye.
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