14.07.2016 – Support and Resistance by Dukascopy

By | July 14, 2016

You’re watching another Support and Resistance Level Report. Here’s how our in-house model tests out this Thursday morning.
Euro/Dollar has been moving in waves, and it now has R1 of 1 1120 and S1 of 1 1090.
The lowest resistance line has found 9 matches, and R2 is a 20 day moving average with 7 models. Standing near a 100 day moving average, R3 sees 3 confirmations. The highest support line has found 6 matches, and S2 is a psychological level with 3 models. Bollinger Lower Band is among the 2 studies for S3.
The Cable currently has the closest levels of 1 3230 in resistance and 1 3120 in support.
R2 is a psychological level with 2 models, whereas the other two resistance lines have found a single match each, including a 20 day moving average for R3. Standing at a former 4 year low, S1 sees 6 confirmations, and S2 is a psychological level with 5 matches. S3 counts Price Channel Indicator Lower Line among its 3 studies.
Dollar/Yen has just spiked, and it now stands below R1 of 105 80 and above S1 of 105.
Price Channel Indicator Upper Line is among the 2 studies for R2. The upper and lower resistance lines both see a single confirmation, namely, Bollinger Upper Band for R1 and a 100 day moving average for R3. S3 is backed up by Price Channel Indicator Lower Line, a 2 year low and 4 other models. S1 is a psychological level with 2 studies, and S2 counts a 20 day moving average as its only match.
And Dollar/Swiss Franc finds itself between R1 of 0 9880 and S1 of 0 9830.
R1 counts Price Channel Indicator Upper Line among its 6 studies, and R3 is a psychological level with 3 models. Bollinger Upper Band is the only match for R2. Standing at a 100 day moving average, S2 sees 10 confirmations, and S1 counts a 150 day moving average among its 9 studies. S3 is Bollinger Lower Band with 2 models.
That’s all for Thursday’s Support and Resistance Level Report. I’m Celeste Skinner and we’ll be tracking the latest developments in the currency markets throughout the day, so stay with Dukascopy TV.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#189029

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 *