Yahoo Finance Friday Support and Resistance Levels – January 19, 2018
You’re watching this weeek’s last Support and Resistance Level Report. Here’s how our in-house model tests out.
Euro/Dollar has the closest levels of 1 2290 in resistance and 1 2250 in support.
Bollinger Upper Band is among the 3 models for R1, and R2 counts Price Channel Indicator Upper Line among its 2 studies. A psychological level is the only match for R3. S1 leads in support with 6 studies, and S3 is a 20 day moving average with 5 models. S2 is a former 2 year high with 4 confirmations.
The Cable is trading in the range limited by R1 of 1 3940 and S1 of 1 3880. R1 counts Price Channel Indicator Upper Line among its 2 studies, whereas the upper two resistance lines have found a single match each. R2 is a psychological level. The highest support line sees 3 confirmations, and S3 is a 20 day moving average with 3 models. S2 has found 2 matches.
Dollar/Yen stands between R1 of 111 10 and S1 of 110 80. The lowest resistance line has found 7 matches, and R3 counts a 50 day moving average among its 5 studies. R2 is a 150 day moving average with 3 models. S1 leads in support with 11 technicals. S2 is backed up by Price Channel Indicator Lower Line, Bollinger Lower Band and 2 other studies, and S3 counts a psychological level among its 2 models.
And Dollar/Swiss Franc finds itself below R1 of 0 9610 and above S1 of 0 9560. Standing near a 100 day moving average, R3 sees 7 confirmations, and the lower two resistance lines have found 5 matches each. R2 is a 150 day moving average. S1 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band and 3 other studies, and S3 is a 2 year low with 4 models. A psychological level is the only match for S2.
This article was originally posted on FX Empire
