12.08.2016 – Support and Resistance by Dukascopy

By | August 12, 2016

You’re watching this week’s last Support and Resistance Level Report. Let’s find out how our in-house model tests out today.
Euro/Dollar is trading in the range limited by R1 of 1 1170 and S1 of 1 1130.
A 150 day moving average is one of the 8 confirmations for R1. R2 follows with 6 matches and it’s a 100 day moving average, a price channel indicator upper line and a Bollinger upper band. R3 has found a single match. S1 and S2 both have 7 confirmations and the second line is backed up by a 20 day moving average. S3 is a psychological level with a total of 2 matches.
The Cable has R1 of 1 30 and S1 of 1 2940.
R1 is a key psychological level and it has a total of 7 matches. R2 and R3 have 3 confirmations each. The second line is a 20 day moving average and R3 is a Bollinger upper band. S2 is a 4 year low with a total of 6 confirmations. S1 posts 3 matches and it’s a price channel indicator lower line and a Bollinger lower band. S3 is a psychological level.
Dollar/Yen stands below R1 of 102 50 and above S1 of 101 70.
R1 leads in resistance with 5 confirmations. R3 posts 2 matches and it’s a 50 day moving average. The second resistance line is a 20 day moving average. S1 has found 5 matches and there are 3 alternative studies near both S2 and S3. The second line is a price channel indicator lower line and S3 is a psychological level.
And Dollar/Swiss Franc finds itself between R1 of 0 98 and S1 of 0 9730.
R1 is backed up by a 150 day moving average and 8 more models. R2 follows with 4 confirmations and it’s a Bollinger upper band and a price channel indicator upper line. R3 is a psychological level and it has a total of 2 matches. S1 is confirmed by a 100 day moving average and 10 more models. S2 has 5 matches, including a Bollinger lower band. S3 is near 3 studies and price channel indicator lower line is one of them.
I’m Celeste Skinner and that’s all for Friday’s Support and Resistance Level Report. We’ll be back on Monday with the next report, 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/#191337

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 *