Forex: Key trading levels (SBT ep 11 pt 2)
Published: 2017-08-31
Status:
Available
|
Analyzed
Published: 2017-08-31
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
GBP/USD is expected to rise to the 1.3030 level before a potential pullback and subsequent decline.
"I still have the expectation that we make it up to our 1.30 3 zone before we pull back and break even lower"
Pending
A long entry for GBP/USD will be considered if a breakout occurs from the 4-hour flag pattern.
"we will be considering an entry if we can get a break out of this flag pattern on the 4-hour chart"
Pending
Potential buying opportunities for GBP/USD are anticipated around the 1.2825 level.
"the 1.28 1/4 level that's where we're looking for our next buying opportunities"
Pending
If GBP/USD breaks below 1.2825, the next buying opportunity is expected around 1.2650, a previous daily support level.
"if the market breaks through that area then the next zone for buying opportunities down at this previous daily support level around one point two six five"
Pending
GBP/USD may encounter resistance around the 1.3030 zone, presenting a shorting opportunity.
"if the market pushes up then we may see this more get find resistance around the 1.30 three zone for a nice shorting opportunity"
Pending
If GBP/USD breaks above 1.3030, the next significant resistance level to watch is 1.3227.
"if we break above that level then the next level we'll be looking at for resistance our major level of resistance up here at one point three two to seven"
Pending
USD/JPY is expected to rise slightly to around 110.71, where a shorting opportunity might arise.
"we're gonna be looking for this market to push up just a bit higher and actually touch our zone here and then see if we can get a reason to short them work at around 110 0.71"
Pending
If USD/JPY breaks above 110.71, the expectation is for it to pull back to that level and then continue higher.
"if we do not get an entry reason and we see this market push above the one ten point seven one area then we waiting for the market to pull back to that area as support and then push higher"
Pending
The next significant resistance level for USD/JPY after 110.71 is 112.02.
"the next level we'll be looking at for resistance is one twelve point O two"
Pending
If USD/JPY breaks below 108.73, the next support level is expected to be 106.79.
"if we see the market come back down and break below the 108 point 7 3 area then we'll be looking for 106.7 9 for our next level of support"
Pending
A potential buying opportunity for USD/CHF may occur in a previously identified support zone.
"we may see a buying opportunity right down in there where our blue line is and where you see that this market found some support before"
Pending
A long position for USD/CHF will be considered after the market tests lower within a specific support zone.
"we're gonna be waiting for the market to test a little bit lower in this zone before we go and try an actual long position"
Pending
If USD/CHF falls below the current support zone, the next support level is anticipated at 0.9200.
"if the market does push even lower than that let's consider the fact that we could push below that level in the next level of support that we look at is at 0.92 not"
Pending
If USD/CHF breaks above 0.9623, the next resistance level is expected to be 0.9763, at the top of the consolidation range.
"if we push back above this level then we could look at our next level resistance at the top of this consolidation period up here at zero point nine seven six three"
Pending