Yahoo Finance Thursday Support and Resistance Levels – November 23, 2017
You’re watching the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out.
Euro/Dollar has gained some ground and now stands between R1 of 1 1850 and S1 of 1 1810. Standing at a 2 year high, R3 sees 4 confirmations, and Price Channel Indicator Upper Line is among the 3 models for R1. R2 is a psychological level with 2 models. S2 counts a 100 day moving average among its 10 studies, and the highest support line sees 3 confirmations. Standing at a 20 day moving average, S3 has found 2 matches.
The Cable is up as well, now trading below R1 of 1 3330 and above S1 of 1 3260. Price Channel Indicator Upper Line is among the 4 models for R1, and R3 is a 12 month high with 3 confirmations. A psychological level is the only match for R2. Standing at a 20 day moving average, S2 sees 9 confirmations, and S1 is a 50 day moving average with 7 technicals. S3 is supported by Bollinger Lower Band, Price Channel Indicator Lower Line, a 150 day moving average and 2 other studies.
Dollar/Yen has the closest levels of 111 60 in resistance and 111 10 in support. R3 is a 20 day moving average with 6 studies, and the second line has found 5 matches. R1 counts a 150 day moving average among its 4 models. S1 is Price Channel Indicator Lower Line with 3 confirmations, and the other two support lines have found a single match each. S2 is a psychological level.
And Dollar/Swiss Franc is trading in the range limited by R1 of 0 9840 and S1 of 0 98. R2 counts a 20 day moving average among its 7 studies, and R3 is an important psychological level with 4 models. The lowest resistance line sees 3 confirmations. Standing at a 150 day moving average, S2 has found 3 matches, and Price Channel Indicator Lower Line is among the 2 models for S1. The lowest support line sees a single confirmation.
This article was originally posted on FX Empire
