31.07.2017 – Support and Resistance by Dukascopy
July 31, 2017 7:00 amVideo
Latest News
- EUR/USD. “Don’t Look Up”: Powell announced hawkish views, reinforcing the downtrend August 28, 2023
- The dollar took the easy path August 28, 2023
- Overview of the GBP/USD pair. August 27th. Preview of the week. US Labor market data and Huw Pill’s speech August 27, 2023
- Overview of the EUR/USD pair. August 27th. Preview of the week. European inflation and the consequences of the Symposium August 27, 2023
- Analysis of the trading week of August 21–25 for the GBP/USD pair. COT Report. The Federal Reserve will raise the rate again August 26, 2023
- Analysis of the trading week from August 21 to 25 for the EUR/USD pair. COT Report. The euro is continuing its downward trend August 26, 2023
- Technical analysis of EUR/USD for August 26, 2023 August 26, 2023
- Oil Prices Accelerate Rally on Anticipated Supply Crunch August 25, 2023
- August 25, 2023 : Analyzing Recent Trends and Trading Opportunities in EUR/USD: A Technical Analysis Perspective. August 25, 2023
- August 25, 2023 : EUR/USD Intraday technical analysis and trading plan. August 25, 2023
- August 25, 2023 : GBP/USD Intraday technical analysis and significant key-levels. August 25, 2023
- Disney stock price breaks key support trend line August 25, 2023
- Technical analysis on USDCAD for August 25th, 2023. August 25, 2023
- Ichimoku cloud indicator analysis on Oil for August 25th, 2023. August 25, 2023
- Ichimoku cloud indicator analysis on EURUSD for August 25th, 2023. August 25, 2023
- Ichimoku cloud indicator analysis on Gold for August 25th, 2023. August 25, 2023
- NZD/USD: upside invalidated, more declines below 0.5886 August 25, 2023
- CAD/JPY rejected by dynamic resistance August 25, 2023
- GBP/USD: trading plan for the US session on August 25 (analysis of morning deals). The pound has partially recovered August 25, 2023
- EUR/USD: trading plan for the US session on August 25th (analysis of morning deals). Euro buyers are reminded of themselves August 25, 2023
Good morning, traders, the Dukascopy TV team is back with this week’s first Support and Resistance Level Report.
Euro/Dollar has the closest levels of 1 1780 in resistance and 1 1710 in support.
R1 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other studies. R3 is a psychological level with 2 models, and the second line has found a single match. Standing at a 20 day moving average, S2 sees 6 confirmations, and S3 is a former 12 month high with 5 models. S1 counts a former 2 year high among its 2 studies.
The Cable is trading in the range limited by R1 of 1 3140 and S1 of 1 3080.
Bollinger Upper Band is among the 6 studies for R1, and R2 counts Price Channel Indicator Upper Line among its 4 models. The highest resistance line sees a single confirmation. Standing near a former 6 month high, S2 is well confirmed with 15 models, while the highest support line has found 5 matches. S3 is a 50 day moving average with 2 studies.
Dollar/Yen has inched lower and now stands between R1 of 110 70 and S1 of 110 40.
R2 counts a 20 day moving average among its 7 studies, while R3 is a 150 day moving average with 4 models. R1 has found 2 matches. S1 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band and 4 other studies, and S2 counts a psychological level among its 3 matches. S3 is a 6 month low with 2 models.
And Dollar/Swiss Franc finds itself below R1 of 0 9690 and above S1 of 0 9660.
R2 is confirmed by Bollinger Upper Band, Price Channel Indicator Upper Line and 3 other studies. R1 has found 4 matches, and R3 is a 100 day moving average with 2 models. Standing at a former 6 month low, S2 sees 10 confirmations. S3 counts Price Channel Indicator Lower Line among its 4 models, and S1 is a 50 day moving average with 2 studies.
And that’s how our in-house model tests out this Monday morning. I’m Jessica Walker and we’ll be back tomorrow with 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/#217979
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: