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Thursday Support and Resistance Levels – June 22, 2017

By:
Jack William Everitt
Published: Jun 22, 2017, 08:02 UTC

This is the Support and Resistance Level Report for Thursday. Here's how our in-house model tests out this morning. Euro/Dollar has inched higher, and it

Support and Resistance Levels

This is the Support and Resistance Level Report for Thursday. Here’s how our in-house model tests out this morning.
Euro/Dollar has inched higher, and it now stands between R1 of 1 1190 and S1 of 1 1160.

Standing near a 20 day moving average, R1 sees 10 confirmations. R2 is a 6 month high with 5 matches, while R3 is backed up by Price Channel Indicator Upper Line, Bollinger Upper Band and 2 other studies. S1 leads in support with 10 models, and S2 has found 5 matches, including Bollinger Lower Band and Price Channel Indicator Lower Line. S3 is a 50 day moving average with 2 confirmations.
The Cable has the closest levels of 1 2710 in resistance and 1 2660 in support.
The lowest resistance line sees 4 confirmations, and R2 is a 20 day moving average with 3 models. Bollinger Upper Band is among the 2 studies for R3. Standing at a 100 day moving average, S2 sees 6 confirmations, whereas the highest support line has found 5 matches. A psychological level is the only model for S3.
Dollar/Yen has seen a decline, which leaves it below R1 of 111 20 and above S1 of 110 90.
R1 counts a 50 day moving average among its 6 studies. R2 is confirmed by Price Channel Indicator Upper Line, Bollinger Upper Band and another model, and R3 is a 150 day moving average with 2 technicals. A psychological level is among the 9 studies for S2, whereas the highest support line has found 7 matches. S3 is Bollinger Lower Band with 2 models.
And Dollar/Swiss Franc is trading in the range limited by R1 of 0 9740 and S1 of 0 9710.
R1 leads in resistance with 18 models. R2 has found 4 matches, including Bollinger Upper Band and Price Channel Indicator Upper Line, and R3 is a 50 day moving average with 2 studies. Standing at a 20 day moving average, S1 sees 11 confirmations. S2 is a 6 month low with 8 technicals, and the lowest support line has found 2 matches.

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