You’re watching the Support and Resistance Level Report for Tuesday. Here’s how our in-house model tests out.
First up is the Euro/Dollar, which is trading in the range limited by R1 of 1 2380 and S1 of 1 2310.
R1 and R3 both have 3 confirmations and the highest level is a price channel indicator upper line. R2 is both a psychological level and a Bollinger upper band. S3 is a 2 year low with a total of 4 confirmations. There are 3 studies near S2, which is a 20 day moving average and 2 models are near S1.
The Cable has the closest levels of 1 4120 in resistance and 1 4030 in support.
R1 and R3 have 3 matches each and the highest level is a price channel indicator upper line. Bollinger upper band is among the 2 matches for R2. S2 is a psychological level with a total of 3 matches. 2 studies are near S1 and S3 is a 20 day moving average.
Dollar/Yen trades below R1 of 109 30 and above S1 of 108 50.
R3 leads in resistance with 8 confirmations and it’s a 20 day moving average. R1 has a total of 6 confirmations and 4 studies are near R2, which is a psychological level. Bollinger lower band is one of the 4 matches for S1. S2 sees 3 confirmations and S3 is a psychological level.
And last up is the Dollar/Swiss Franc, which currently stands between R1 of 0 9390 and S1 of 0 9350.
R3 is confirmed by a 20 day moving average and 5 more models. R1 follows with 3 confirmations and there are 2 studies near R2, which is a psychological level. S1 is backed up by a Bollinger lower band and 9 more models. Price channel indicator lower line is among the 3 confirmations for S2 and S3 is a psychological level.
This was the Support and Resistance Level Report for Tuesday with me, Kiays Khalil. Check back in tomorrow for the next overview. Goodbye.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#234164

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

Trade Forex, Commodities, Stocks and more, trade CFDs on the Plus 500 CFD trading platform! *CFD Service. 80.6% lose money - Register a real money account here and get trading right away.