Tuesday Support and Resistance Levels – January 30, 2018

You’re watching the Support and Resistance Level Report for Tuesday. Here’s how our in-house model tests out.

First up is the Euro/Dollar, which is trading in the range limited by R1 of 1 2380 and S1 of 1 2310. R1 and R3 both have 3 confirmations and the highest level is a price channel indicator upper line. R2 is both a psychological level and a Bollinger upper band. S3 is a 2 year low with a total of 4 confirmations.

There are 3 studies near S2, which is a 20 day moving average and 2 models are near S1. The Cable has the closest levels of 1 4120 in resistance and 1 4030 in support. R1 and R3 have 3 matches each and the highest level is a price channel indicator upper line. Bollinger upper band is among the 2 matches for R2. S2 is a psychological level with a total of 3 matches. 2 studies are near S1 and S3 is a 20 day moving average.

Dollar/Yen trades below R1 of 109 30 and above S1 of 108 50. R3 leads in resistance with 8 confirmations and it’s a 20 day moving average. R1 has a total of 6 confirmations and 4 studies are near R2, which is a psychological level. Bollinger lower band is one of the 4 matches for S1. S2 sees 3 confirmations and S3 is a psychological level.

And last up is the Dollar/Swiss Franc, which currently stands between R1 of 0 9390 and S1 of 0 9350. R3 is confirmed by a 20 day moving average and 5 more models. R1 follows with 3 confirmations and there are 2 studies near R2, which is a psychological level. S1 is backed up by a Bollinger lower band and 9 more models. Price channel indicator lower line is among the 3 confirmations for S2 and S3 is a psychological level.