11.11.2016 – Support and Resistance by Dukascopy

By | November 11, 2016

You’re watching this week’s last Support and Resistance Level Report. Here’s how our in-house model tests out this Friday morning.
Euro/Dollar is trading in the range limited by R1 of 1 0940 and S1 of 1 0890.
R2 is backed up by Bollinger Upper Band, a 100 day moving average and 3 other models, whereas the lowest resistance line has found 4 matches. Price Channel Indicator Upper Line the only study for R3. S2 is supported by Price Channel Indicator Lower Line, a 6 month low and 4 other models. The highest support line has found 2 matches, and S3 counts a 12 month low as its only confirmation.
The Cable has the closest levels of 1 2580 in resistance and 1 2520 in support.
Price Channel Indicator Upper Line is among the 3 studies for R1, and R2 is a 50 day moving average with 2 matches. A 100 day moving average is the only model for R3. Standing at a 20 day moving average, S2 sees 4 confirmations, and the highest support line has found 3 matches. S3 is backed up by Price Channel Indicator Lower Line and Bollinger Lower Band.
Next up is the Dollar/Yen, which has R1 of 106 80 and S1 of 106 10.
R1 leads in resistance with 4 models, including Price Channel Indicator Upper Line, whereas the other two lines have found a single match each, namely, a psychological level for R2 and a 6 month high for R3. S2 is a psychological level with 5 matches, and the highest support line sees 2 confirmations. Standing at a major psychological level, S3 sees 2 confirmations.
And Dollar/Swiss Franc stands between R1 of 0 9890 and S1 of 0 9850.
R2 is backed up by Price Channel Indicator Upper Line, a 6 month high, a psychological level and 3 other studies. The lowest resistance line has found 4 matches, and R3 sees a single confirmation. S2 is a 100 day moving average with 6 matches, and a 20 day moving average is among the 5 studies for S1. S3 counts Price Channel Indicator Lower Line among its 2 models.
I’m ____ and this was the Support and Resistance Level Report for Friday. We’ll be back on Monday with the next overview, but until then, goodbye.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#198703

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

Category: Uncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *