27.05.2016 – Support and Resistance by Dukascopy
May 27, 2016 6:56 amVideo
Latest News
- Analysis of GBP/USD pair on May 27, 2024 May 27, 2024
- Euro area inflation unlikely to change ECB’s outlook – Preview May 27, 2024
- EUR/USD. Analysis of the upcoming inflation report in the European Union. What to expect? May 27, 2024
- USD/JPY: Simple trading tips for novice traders on May 27th (US session) May 27, 2024
- GBP/USD: Simple trading tips for novice traders on May 27th (US session) May 27, 2024
- EUR/USD: Simple trading tips for novice traders on May 27th (US session) May 27, 2024
- GBP/USD: trading plan for the US session on May 27th (analysis of morning deals). The pound reached 1.2756 May 27, 2024
- Technical Analysis – Will gold resume its prevailing uptrend? May 27, 2024
- Technical Analysis – USDCAD pulls back but diagonal line still stands May 27, 2024
- Technical Analysis – USDJPY remains stuck in a tight range May 27, 2024
- EUR/USD: trading plan for the US session on May 27th (analysis of morning deals). The euro is trying to continue its growth May 27, 2024
- Forecast of EUR/USD pair on May 27, 2024 May 27, 2024
- Forecast of GBP/USD pair on May 27, 2024 May 27, 2024
- Weekly forecast based on simplified wave analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, #Ethereum, and US dollar index May 27, 2024
- Weekly forecast based on simplified wave analysis for EUR/USD, USD/JPY, GBP/JPY, USD/CAD, NZD/USD, and Gold on May 27th May 27, 2024
- Technical Analysis of Intraday Price Movement of EUR/USD Main Currency Pairs, Monday May 27 2024. May 27, 2024
- Technical Analysis of Intraday Price Movement of Crude Oil Commodity Currency Pairs, Monday May 27 2024. May 27, 2024
- Weekly Technical Outlook: 27/05/2024 – USDJPY, EURUSD, AUDUSD May 27, 2024
- Forex forecast 05/27/2024: EUR/USD, GBP/USD, USD/JPY, USD/CAD and Bitcoin from Sebastian Seliga May 27, 2024
- In the thick of things: inflation in the West and financial news from the East May 27, 2024
It’s time for this week’s last Support and Resistance Level Report.
First up is the Euro/Dollar, which has the closest levels of 1 1210 in resistance and 1 1170 in support.
R1 leads in resistance with no less than 15 models, and R2 is a 50 day moving average with 6 studies. Standing at a 6 month high, R3 has found 3 matches. S1 counts a 100 day moving average among its 10 models, and Price Channel Indicator Lower Line is among the 3 studies for S2. S3 is a 150 day moving average with 2 matches.
The Cable is trading in the range limited by R1 of 1 47 and S1 of 1 4640.
Bollinger Upper Band is among the 5 studies for R1, whereas the upper two resistance lines have found 2 matches each, including Price Channel Indicator Upper Line for R2 and a psychological level for R3. Standing near a psychological level, S3 sees 7 confirmations. The second line is a 150 day moving average with 4 models, and S1 has found a single match.
Dollar/Yen stands between R1 of 109 90 and S1 of 109 50.
R1 is well confirmed with 11 studies, including a psychological level and a 50 day moving average. Bollinger Upper Band is among the 3 models for R2, and R3 is Price Channel Indicator Upper Line with 2 matches. The highest support line sees 5 confirmations, and S3 is a 12 month low with 4 studies. S2 counts a 20 day moving average among its 3 matches.
And the last pair for this report is the Dollar/Swiss Franc, which has R1 of 0 9920 and S1 of 0 9890.
R1 is the most confirmed resistance line with 13 studies. R3 is backed up by a psychological level, Bollinger Upper Band and 2 other models, and Price Channel Indicator Upper Line is among the 2 matches for R2. Standing at a 150 day moving average, S1 is well confirmed with 11 studies. S2 is a 100 day moving average with 4 studies, and S3 is a 50 day moving average with 2 models.
I’m Sam Meredith and this is how our in-house model tests out today. We’ll be back on Monday, so see you then.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#185199
Смотрите Dukascopy TV на вашем �зыке: http://www.youtube.com/user/dukascopytvrussian
用您的è¯è¨€è§‚看æ�œé«˜æ–¯è´�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 lÃngua: 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: