22.09.2016 – Support and Resistance by Dukascopy

By | September 22, 2016

Good morning traders, start off your day with the Dukascopy Support and Resistance Level Report.
Euro/Dollar has gained some ground and now has R1 of 1 1210 and S1 of 1 1170.
R1 is a 150 day moving average with 8 matches, whereas the other two resistance lines see 2 confirmations each, including Bollinger Upper Band for R2 and Price Channel Indicator Upper Line for R3. Standing at a 50 day moving average, S1 is well confirmed with 11 models. S2 is backed up by Price Channel Indicator Lower Line, Bollinger Lower Band and 9 other studies, and a psychological level is the only match for S3.
The Cable is up as well, and it stands between R1 of 1 3070 and S1 of 1 3030.
The highest resistance line has found 7 matches, including a 20 day moving average, and R2 is a 50 day moving average with 2 studies. R1 sees a single confirmation. Standing at a psychological level, S2 leads in support with 8 studies. S3 is confirmed by Price Channel Indicator Lower Line, Bollinger Lower Band and 5 other models, and the highest support line has found 5 matches.
Dollar/Yen has seen a decline, which leaves it below R1 of 100 70 and above S1 of 100.
Standing at a 50 day moving average, R2 sees 6 confirmations, and the lowest resistance line has found 3 matches. R3 is backed up by Price Channel Indicator Upper Line and a 100 day moving average. Standing at a 2 year low, S2 sees 5 confirmations. S1 is supported by a psychological level, Price Channel Indicator Lower Line and 2 other studies, and a psychological level is the only match for S3.
And Dollar/Swiss Franc has the closest levels of 0 9750 in resistance and 0 9720 in support.
R1 is a 150 day moving average with 11 models, and Bollinger Upper Band is among the 2 studies for R2. Standing at a major psychological level, R3 has found 2 matches. S1 leads in support with 10 confirmations, and the other two lines have found a single match each, namely, Bollinger Lower Band for S2 and Price Channel Indicator Lower Line for S3.
I’m Sam Meredith and that’s how our in-house model tests out this Thursday morning. Stay with us to follow the latest developments in the forex markets.

You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#194566

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 *