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Thursday Support and Resistance Levels – September 14, 2017

By:
Jessica Walker
Updated: Sep 14, 2017, 08:39 UTC

Good morning traders, the team brings you another Support and Resistance Level Report. Euro/Dollar has seen a notable drop, which leaves it between R1 of

Thursday Support and Resistance Levels – September 14, 2017

Good morning traders, the team brings you another Support and Resistance Level Report.

Euro/Dollar has seen a notable drop, which leaves it between R1 of 1 1890 and S1 of 1 1860. R3 leads in resistance with 7 models, including a 2 year high and Bollinger Upper Band. R2 counts a psychological level among its 6 studies, and R1 counts a 20 day moving average among its 4 matches. S1 leads in support with 3 models, and Price Channel Indicator Lower Line is among the 2 studies for S3. S2 counts a 50 day moving average as its only match.

The Cable is down as well, and it stands below R1 of 1 3220 and above S1 of 1 3190. R2 is confirmed by a former 6 month high, Bollinger Upper Band and 4 other models, while R1 has found 3 matches. R3 is a 12 month high with 2 studies. Standing at a 100 day moving average, S3 sees 8 confirmations, and S1 has found 6 matches. S2 is supported by a 50 day moving average, a psychological level and another model.

Dollar/Yen has the closest levels of 110 60 in resistance and 110 20 in support. Standing at a 100 day moving average, R2 sees 5 confirmations, while R1 is a 50 day moving average with 3 models. R3 counts a 150 day moving average as its only match. S2 is a 20 day moving average with 8 studies, and the highest support line has found 5 matches. S3 sees 3 confirmations, including Bollinger Lower Band and a 6 month low.

And Dollar/Swiss Franc is trading in the range limited by R1 of 0 9660 and S1 of 0 9620. The lowest resistance line has found 4 matches. R2 is confirmed by Bollinger Upper Band, a 100 day moving average and 2 other studies, and R3 is Price Channel Indicator Upper Line with 3 models. S3 leads in support with 7 models, including a 2 year low and Price Channel Indicator Lower Line, whereas S1 counts a 50 day moving average among its 4 studies. S2 is a psychological level with 3 studies.

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