Yahoo Finance Monday Support and Resistance Levels – November 20, 2017
It’s a new trading week, and the team is back with another Support and Resistance Level Report.
Euro/Dollar has opened lower and now stands below R1 of 1 1750 and above S1 of 1 1720.
R2 is well confirmed with 11 technicals, including a 50 day moving average, and Bollinger Upper Band is among the 6 studies for R3. A 100 day moving average is among the 3 models for R3. S2 leads in support with 7 studies, while S3 is backed up by Price Channel Indicator Lower Line, Bollinger Lower Band and a 150 day moving average. The highest support line has found 2 matches.
The Cable has the closest levels of 1 3210 in resistance and 1 3170 in support.
The lowest resistance line has found 4 matches, and Price Channel Indicator Upper Line is among the 3 studies for R3. R2 counts Bollinger Upper Band among its 2 models. Standing at a 20 day moving average, S1 is well supported with 11 technicals, and S2 is a 100 day moving average with 8 models. S3 is confirmed by Price Channel Indicator Lower Line, Bollinger Lower Band, a 150 day moving average and 2 other studies.
Dollar/Yen went down on Friday and now has R1 of 112 40 and S1 of 111 90.
R3 leads in resistance with 12 models, including a 20 day moving average, and R2 is a 50 day moving average with 6 studies. The lowest resistance line has found 2 matches. S1 counts Price Channel Indicator Lower Line among its 3 models, and S3 is a psychological level with 2 studies. The second line sees a single confirmation.
And Dollar/Swiss Franc finds itself between R1 of 0 9910 and S1 of 0 9880.
Standing at a 20 day moving average, R2 is well confirmed with 12 models. R3 is a major psychological level with 10 studies, and the lowest resistance line has found 9 matches. S1 leads in support with 5 models, and Bollinger Lower Band is among the 4 studies for S2. S3 is a 50 day moving average with 2 technicals.
This article was originally posted on FX Empire
