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Monday Support and Resistance Levels – May 29, 2017

By:
Jack William Everitt
Published: May 29, 2017, 07:21 UTC

Euro/Dollar stands between R1 of 1 1210 and S1 of 1 1160. R1 is the most confirmed resistance level with a total of 9 matches. R2 and R3 both have 3

Support and Resistance Levels

Euro/Dollar stands between R1 of 1 1210 and S1 of 1 1160.
R1 is the most confirmed resistance level with a total of 9 matches. R2 and R3 both have 3 confirmations. The second line is a price channel indicator upper line and R3 is a Bollinger upper band. S1 leads in support with 6 confirmations. S2 and S3 have 2 matches each. The second line is a 20 day moving average and S3 is a psychological level.

The Cable is currently trading in the range limited by R1 of 1 2840 and S1 of 1 2780.
R2 is confirmed by a 20 day moving average and 6 more models. R3 is a psychological level and it has a total of 6 matches. There are 3 studies near R1, which is a Bollinger lower band. Price channel indicator lower line is one of the 4 matches for S1. S2 follows with 2 confirmations, including a 50 day moving average. Only a 100 day moving average is near the lowest support level.
Dollar/Yen is below R1 of 111 50 and above S1 of 111 20.
R1 has found 8 matches. R2 follows with 4 confirmations and it’s a 150 day moving average. There are 3 studies near R3, which is both a Bollinger upper band and a price channel indicator upper line. A 50 day moving average is one of the 13 confirmations for S1. S2 has a Bollinger lower band among its 3 matches and S3 is a psychological level with a total of 2 confirmations.
And Dollar/Swiss Franc has R1 of 0 9780 and S1 of 0 9740.
R1 leads in resistance with 6 confirmations. R2 follows with 3 matches and it’s a 20 day moving average. 2 studies are near R3, which is a 50 day moving average. S1 has found 9 matches. The second support level is a price channel indicator lower line and it has a total of 4 confirmations. There are 2 studies near S3, which is a Bollinger lower band.

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