It’s a new trading week, and the Dukascopy TV team is back with another Support and Resistance Report.
Euro/Dollar has the closest levels of 1 1820 in resistance and 1 1780 in support.
R1 is a 20 day moving average with 7 studies, and R2 is a 50 day moving average with 5 models. R3 is confirmed by Bollinger Upper Band, a psychological level and another technical. S1 leads in support with 7 studies, and S2 has found 3 matches, including Price Channel Indicator Lower Line and Bollinger Lower Band. S3 is a 100 day moving average with 2 models.
The Cable is trading in the range limited by R1 of 1 3290 and S1 of 1 3260.
Standing at a 50 day moving average, R2 sees 5 confirmations, while the lowest resistance line has found 4 matches. R3 is a psychological level with 2 models. S2 is a 50 day moving average with 6 studies, and the highest support line has found 5 matches. S3 is confirmed by Bollinger Lower Band, Price Channel Indicator Lower Line, a 100 day moving average and another model.
Dollar/Yen finds itself below R1 of 112 10 and above S1 of 111 60.
R2 is well confirmed with 13 models, including a 20 day moving average, and R1 has found 7 matches. Bollinger Upper Band is among the 4 studies for R3. Standing near Bollinger Lower Band, S1 sees 5 confirmations, and a 150 day moving average is among the 4 models for S2. S3 is a psychological level with 2 studies.
And Dollar/Swiss Franc stands between R1 of 0 9780 and S1 of 0 9750.
The lowest resistance line has found 8 matches, and Bollinger Upper Band is among the 6 studies for R2. R3 sees a single confirmation. S1 is well supported with 16 studies, including a 150 day moving average, and S2 counts a 100 day moving average among its 3 models. S3 is Bollinger Lower Band with 2 studies.
I’m Jessica Walker and that’s how our in-house model tests out this Monday. Check back in tomorrow for the next overview.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#222842

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.