You’re watching the Dukascopy Support and Resistance Level Report for Thursday, where we’ll find out how our in-house model tests out.
First up is Euro/Dollar and the pair trades between R1 of 1 1180 and S1 of 1 1150.
The first resistance level has found 8 matches and it’s a 150 day moving average. R2 follows with 7 confirmations, including a Bollinger upper band, a price channel indicator upper line and a 100 day moving average. There’s just a single match for R3. S1 has found 14 matches and it’s a 50 day moving average. A 20 day moving average is one of the 7 confirmations for S2 and S3 is a psychological level with a total of 2 matches.
Pound/Dollar has been bouncing between R1 of 1 3050 and S1 of 1 2990.
R1 leads in resistance with 8 confirmations. 5 alternative studies are near R2, which is a 20 day moving average. The highest line has a Bollinger upper band among its 3 matches. S3 is a 4 year low with a total of 7 confirmations. S1 is a psychological level and it has a total of 6 matches. S2 is backed up by a price channel indicator lower line and Bollinger lower band.
Dollar/Yen has been moving towards R1 of 101 70 and away from S1 of 101.
R1 has found 4 matches. The second line follows with 2 confirmations, including a 20 day moving average. R3 is a psychological level. S1 posts 5 matches and it’s followed closely by S2, which is near 4 alternative studies and price channel indicator lower line is one of them. S3 has a psychological level among its 3 confirmations.
Dollar/Swissie has broken through R1 of 0 98 and it has tested S1 of 0 9730.
There are 8 matches for the first resistance level, which is a 150 day moving average. R2 posts 4 matches, including a Bollinger upper band, a price channel indicator upper line and a monthly high. R3 is a psychological level with a total of 3 matches. S1 has a 100 day moving average among its 6 confirmations. There are 5 matches for S3 and it’s a price channel indicator lower line. Only Bollinger lower band is near S2.
I’m Sam Meredith and you’ve been watching the Support and Resistance Level Report for Thursday.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#191224
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