Thursday Support and Resistance Levels – February 01, 2018

Hello traders, let’s see where the Support and Resistance levels stand this Thursday morning.

Euro/Dollar is trading in the range limited by R1 of 1 2470 and S1 of 1 2390. R3 is well confirmed with 9 matches, including a price channel indicator upper line, a Bollinger upper band and a 2 year high. R1 and R2 have 3 confirmations each and the second line is a psychological level. S1 has a total of 8 confirmations. S3 follows with 5 matches and it’s a 20 day moving average. There are 2 studies near S2.

The Cable has the closest levels of 1 4270 in resistance and 1 4150 in support. R2 leads in resistance with 8 confirmations and it’s both a price channel indicator upper line and a Bollinger upper band. R1 posts 3 matches and there’s just one confirmation for R3. S1 has 5 matches. S3 follows with 2 and it’s a 20 day moving average. S2 is a psychological level. Dollar/Yen finds itself between R1 of 109 40 and S1 of 109.

A 20 day moving average is one of the 5 matches for R3. R2 is a psychological level with a total of 3 confirmations and 2 studies are near R1. S1 has found 9 matches. 5 studies are near S2 and a price channel indicator lower line is one of them. S3 has 2 confirmations, including a Bollinger lower band.

And Dollar/Swiss Franc stands below R1 of 0 9360 and above S1 of 0 9290. There are 11 studies near the closest resistance level. R2 and R3 both have 2 matches and the highest line is a psychological level. S1 has a 2 year low and a price channel indicator lower line among its 9 confirmations. There’s only a single match for both S2 and S3.