Let’s find out where the Support and Resistance levels stand this Thursday morning.
Euro/Dollar has inched higher, and it now stands between R1 of 1 1320 and S1 of 1 1280.
Price Channel Indicator Upper Line is among the 4 models for R1, whereas R3 is a psychological level with 2 studies. The second line sees a single confirmation. Standing at a 150 day moving average, S3 is well confirmed with 11 models. The highest support line has found 7 matches, and S2 is a 100 day moving average with 3 studies.
Next up is the Cable, which has the closest levels of 1 3070 in resistance and 1 3010 in support.
R1 is the most confirmed resistance line with 5 studies. R2 is a 20 day moving average with 3 models, and Bollinger Upper Band is the only model for R3. Standing near a psychological level, S1 sees 7 confirmations, and S3 is a 4 year low with 6 models. S2 is backed up by Price Channel Indicator Lower Line, Bollinger Lower Band and 2 other studies.
Dollar/Yen has slipped below a major psychological level, as it has R1 of 100 and S1 of 99 50.
R2 leads in resistance with 11 models, and the other two lines have found 3 matches each, including a very important psychological level for R1 and a 20 day moving average for R3. Standing at a 2 year low, S2 sees 5 confirmations, and S3 is another psychological level with 2 models. Price Channel Indicator Lower Line is the only match for S1.
And Dollar/Swiss Franc finds itself below R1 of 0 9630 and above S1 of 0 96.
The lowest resistance line has found 9 matches. R3 counts a 50 day moving average among its 8 models, and R2 is a 100 day moving average with 7 studies. S1 is backed up by Bollinger Lower Band, Price Channel Indicator Lower Line and 3 other studies, whereas the lower two support lines see 2 confirmations each, including a psychological level for S2 and a 6 month low for S3.
I’m Sam Meredith and that’s how our in-house model tests out today. Check back in tomorrow for this week’s last overview. Goodbye for now.
You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#191777
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