You’re watching another Dukascopy Support and Resistance Level Report. Here’s how our in-house model tests out this Tuesday.
Euro/Dollar is trading in the range limited by R1 of 1 1150 and S1 of 1 1070.
First line leads in resistance with 10 confirmations and it’s a 150 day moving average. R3 has a 100 day moving average and price channel indicator upper line among its 4 confirmations. There are 3 alternative studies near R2, which is a Bollinger upper band. S1 is the most confirmed support level, standing near 8 alternative studies and a 20 day moving average is one of them. S2 and S3 both have 3 matches. The second line is a psychological level and S3 is both a price channel indicator lower line and Bollinger lower band.
The Cable stands between R1 of 1 30 and S1 of 1 2850.
R2 is backed up by a 20 day moving average and 8 more models. R1 follows with 4 matches, including a psychological level and Bollinger lower band. R3 is both a Bollinger upper band and a weekly high. S2 is a 4 year low with a total of 7 matches. S1 posts 2 confirmations and price channel indicator lower line is one of them. S3 is a psychological level.
Next up is the Dollar/Yen, which has the closest levels of 102 70 in resistance and 101 90 in support.
R1 has found 6 matches and the rest two resistance levels have 2 confirmations each. The second line is a 20 day moving average and R3 is a 50 day moving average. S3 leads in support, standing near price channel indicator lower line and a psychological level. S1 posts 4 matches and 2 studies are near S2, which is a Bollinger lower band.
Dollar/Swiss Franc stands below R1 of 0 9860 and above S1 of 0 9810.
Price channel indicator upper line and Bollinger upper band are both among the 5 confirmations for R2. R1 posts 4 matches and 3 alternative studies are near R3, which is a psychological level. S1 leads in support with 10 matches, including a 150 day moving average. A 50 day moving average is one of the 5 matches for S2 and 2 alternative studies are near S3, which is a Bollinger lower band.
I’m Kiays Khalil and you’ve been watching the Support and Resistance Level Report for Tuesday. We’ll be back tomorrow with the next report, 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/#191001
Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian
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