It’s time for this week’s last Support and Resistance Level Report. I’m Doireann McDermott with a closer look at how our in-house model tests out today. Euro/Dollar has seen a strong drop and is now trading in the range limited by R1 of 1 1260 and S1 of 1 1180. R1 leads in resistance with 11 studies, including a 20 day moving average, and the other two resistance lines see a single confirmation each. R3 is Bollinger Upper Band. Standing at a 4 year low, S2 has found 8 matches. S1 is supported by Price Channel Indicator Lower Line and another model, and S3 is a psychological level with a single confirmation. The Cable is down as well, and it currently has the closest levels of 1 5460 in resistance and 1 5430 in support. R1 is the most confirmed resistance line with 7 models. R2 is a psychological level with 4 studies, and R3 counts Bollinger Upper Band among its 2 matches. S2 leads in support with 8 models, and a 10 day moving average is among the 7 matches for S1. S3 is a 50 day moving average with 2 confirmations. Dollar/Yen has moved higher and now stands below R1 of 119 40 and above S1 of 119 10. The lowest resistance line has found 6 matches. R2 is backed up by a psychological level, Bollinger Upper Band and 2 other models, and Price Channel Indicator Upper Line is among the 2 studies for R3. S2 is well confirmed with 13 models, including a 50 day moving average, and the highest support line has found 10 matches. S3 is Bollinger Lower Band with 2 studies. And the last pair for this report is the Dollar/Swiss Franc, which has R1 of 0 95 and S1 of 0 9470. The lowest resistance line is a psychological level with 17 confirmations. R2 is backed up by a 100 day moving average, Price Channel Indicator Upper Line, Bollinger Upper Band and another model, and R3 has found 2 matches. Standing near a 150 day moving average, S1 sees 7 confirmations, and S3 is a 20 day moving average with 3 models. The second line has found 2 matches. That’s all for Friday’s Support and Resistance Level Report. Check back in on Monday for the next overview of the key price levels. Goodbye.
It’s time for this week’s last Support and Resistance Level Report. I’m Doireann McDermott with a closer look at how our in-house model tests out today.
Euro/Dollar has seen a strong drop and is now trading in the range limited by R1 of 1 1260 and S1 of 1 1180.
R1 leads in resistance with 11 studies, including a 20 day moving average, and the other two resistance lines see a single confirmation each. R3 is Bollinger Upper Band. Standing at a 4 year low, S2 has found 8 matches. S1 is supported by Price Channel Indicator Lower Line and another model, and S3 is a psychological level with a single confirmation.
The Cable is down as well, and it currently has the closest levels of 1 5460 in resistance and 1 5430 in support.
R1 is the most confirmed resistance line with 7 models. R2 is a psychological level with 4 studies, and R3 counts Bollinger Upper Band among its 2 matches. S2 leads in support with 8 models, and a 10 day moving average is among the 7 matches for S1. S3 is a 50 day moving average with 2 confirmations.
Dollar/Yen has moved higher and now stands below R1 of 119 40 and above S1 of 119 10.
The lowest resistance line has found 6 matches. R2 is backed up by a psychological level, Bollinger Upper Band and 2 other models, and Price Channel Indicator Upper Line is among the 2 studies for R3. S2 is well confirmed with 13 models, including a 50 day moving average, and the highest support line has found 10 matches. S3 is Bollinger Lower Band with 2 studies.
And the last pair for this report is the Dollar/Swiss Franc, which has R1 of 0 95 and S1 of 0 9470.
The lowest resistance line is a psychological level with 17 confirmations. R2 is backed up by a 100 day moving average, Price Channel Indicator Upper Line, Bollinger Upper Band and another model, and R3 has found 2 matches. Standing near a 150 day moving average, S1 sees 7 confirmations, and S3 is a 20 day moving average with 3 models. The second line has found 2 matches.
That’s all for Friday’s Support and Resistance Level Report. Check back in on Monday for the next overview of the key price levels. Goodbye.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#149229
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: