Hello. Alex Iszatt back in the Dukascopy TV Centre with the Support and Resistance Level report. Let’s take a look at how our in-house model tests out on this last day of the trading week. Euro/Dollar currently trades between R1 of 1 3190 and S1 of 1 3150. The first line leads in resistance with 14 confirmations and it’s backed up by a 5 day moving average. A 20 day moving average is one of the 6 matches for R2 and the highest level is a price channel indicator upper line. S1 leads in support with 6 confirmations, including price channel indicator lower line and Bollinger lower band. S2 and S3 both have 2 matches. The second line a 12 month low and S3 is a psychological level. The Cable has been trading in the range limited by R1 of 1 6610 and S1 of 1 6570 for a while now. A 10 day moving average is one of the 8 matches for R1. R3 is confirmed by a 20 day moving average and 2 more models. There are 2 alternative studies near R2. S1 is well confirmed with 14 matches and a 5 day moving average is one of them. S2 follows with 5 confirmations, including price channel indicator lower line. S3 is a psychological level with a total of 2 matches. Dollar/Yen stands just slightly South of R1 of 103 90 and it’s quite a stretch above S1 of 103 50. The first line leads in resistance with 21 confirmations. R2 follows with 6 matches and it’s backed up by price channel indicator upper line and Bollinger upper band. R3 is a psychological level and it has a total of 2 matches. A 10 day moving average is one of the 5 matches for S1. S3 is confirmed by a 150 day moving average and 3 more models. S2 has a total of 2 matches and it’s near a 20 day moving average. And last up for this overview is Dollar/Swissie, which has R1 of 0 9180 and S1 of 0 9150. R1 has found 7 matches, including price channel indicator upper line and Bollinger upper band. R2 is a 12 month high and R3 is a psychological level. A 5 day moving average is one of the 14 matches for S1. S2 follows with 11 confirmations and it’s backed up by a 20 day moving average. S3 sees 5 matches, including a 50 day moving average, price channel indicator lower line and Bollinger lower band. That concludes the Support and Resistance Level Report for Friday. We’ll be returning on Monday with the next review of the key price levels. Goodbye.
Hello. Alex Iszatt back in the Dukascopy TV Centre with the Support and Resistance Level report. Let’s take a look at how our in-house model tests out on this last day of the trading week.
Euro/Dollar currently trades between R1 of 1 3190 and S1 of 1 3150.
The first line leads in resistance with 14 confirmations and it’s backed up by a 5 day moving average. A 20 day moving average is one of the 6 matches for R2 and the highest level is a price channel indicator upper line. S1 leads in support with 6 confirmations, including price channel indicator lower line and Bollinger lower band. S2 and S3 both have 2 matches. The second line a 12 month low and S3 is a psychological level.
The Cable has been trading in the range limited by R1 of 1 6610 and S1 of 1 6570 for a while now.
A 10 day moving average is one of the 8 matches for R1. R3 is confirmed by a 20 day moving average and 2 more models. There are 2 alternative studies near R2. S1 is well confirmed with 14 matches and a 5 day moving average is one of them. S2 follows with 5 confirmations, including price channel indicator lower line. S3 is a psychological level with a total of 2 matches.
Dollar/Yen stands just slightly South of R1 of 103 90 and it’s quite a stretch above S1 of 103 50.
The first line leads in resistance with 21 confirmations. R2 follows with 6 matches and it’s backed up by price channel indicator upper line and Bollinger upper band. R3 is a psychological level and it has a total of 2 matches. A 10 day moving average is one of the 5 matches for S1. S3 is confirmed by a 150 day moving average and 3 more models. S2 has a total of 2 matches and it’s near a 20 day moving average.
And last up for this overview is Dollar/Swissie, which has R1 of 0 9180 and S1 of 0 9150.
R1 has found 7 matches, including price channel indicator upper line and Bollinger upper band. R2 is a 12 month high and R3 is a psychological level. A 5 day moving average is one of the 14 matches for S1. S2 follows with 11 confirmations and it’s backed up by a 20 day moving average. S3 sees 5 matches, including a 50 day moving average, price channel indicator lower line and Bollinger lower band.
That concludes the Support and Resistance Level Report for Friday. We’ll be returning on Monday with the next review of the key price levels. Goodbye.
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