Monday Support and Resistance Levels – July 11, 2017

Good morning, traders, another Support and Resistance Level Report. Euro/Dollar has the closest levels of 1 1410 in resistance and 1 1370 in support.

The lowest resistance line sees 14 confirmations. R2 is backed up by Price Channel Indicator Upper Line, a 12 month high and 6 other studies, and R3 has found 4 matches, including Bollinger Upper Band and a psychological level. S1 leads in support with 11 studies, and S2 is a 20 day moving average with 3 models. A 50 day moving average is the only match for S3.

The Cable is trading in the range limited by R1 of 1 2880 and S1 of 1 2840.
R2 is the most confirmed resistance line with 12 studies, while R1 counts a 50 day moving average among its 9 models. Price Channel Indicator Upper Line is among the 6 matches for R3. Standing near a 20 day moving average, S1 sees 5 confirmations. S3 is supported by Price Channel Indicator Lower Line, Bollinger Lower Band, a 150 day moving average and another model, and S2 is a 100 day moving average with 2 matches.

Dollar/Yen has been trending higher, and it now has R1 of 114 50 and S1 of 114 20.

Bollinger Upper Band is among the 5 studies for R1, and R2 is a psychological level with 2 confirmations. The highest resistance line has found a single match. Standing at a 150 day moving average, S2 sees 7 confirmations. The highest support line has found 6 matches, and S3 is a 20 day moving average with 3 models.

And Dollar/Swiss Franc stands between R1 of 0 9680 and S1 of 0 9650.
R1 counts a 20 day moving average among its 8 models, and R3 is Bollinger Upper Band with 3 studies. Standing at a 50 day moving average, R2 sees 2 confirmations. The highest support line has found 11 matches. S2 is confirmed by Price Channel Indicator Lower Line, Bollinger Lower Band, a 12 month low and 5 other studies, and S3 is a psychological level with 2 models.