Forex: Market Weekly Predictions (10/9-10/13) Trend or Counter-trend?
Published: 2017-10-09
Status:
Available
|
Analyzed
Published: 2017-10-09
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
If EURUSD breaks below 1.1665, it may find support around 1.1453.
"we'll be looking at for possible buying opportunities throughout this week and in the immediate future if the market breaks below that level then we're gonna be looking at our next level of support around one point one four five three"
Pending
EURUSD may encounter resistance and a potential shorting opportunity around 1.1875.
"as for resistance if this market pushes up from the level we're at right now our first stop for resistance and for a possible shorting opportunity is around one point one eight seven five"
Pending
If EURUSD breaks above 1.1875, the next resistance level for a shorting opportunity is around 1.2060.
"and if the market breaks above that then we'll be looking back here at our highs around the one point two oh six ozone for our next level to try and take this market short"
Pending
For Euro Dollar, the trader is looking for a shorting opportunity (trend continuation) or a long opportunity if the market pulls back to 1.1665 and provides an entry reason.
"personally we're gonna be looking for either a trend continuation setup to go short out of this pair or if the market doesn't give us a setup to go short and instead pulls back without giving us that entry reason to this level around one point one six six five then that's an area we'll be looking for an entry reason to the to the upside"
Pending
The next major resistance level for AUDUSD is 0.781, which will be a target for counter-trend long trades.
"our next level of major resistance is 0.781 looking right here at this new red line and this level of previous support on the daily chart and since that is going to be a major level of structural resistance I want to get my targets off if I do try to get involved in the counter trend trade on lower timeframe to go long on this pair"
Pending
If AUDUSD breaks below 0.7732, the next support level is 0.7618.
"if the market comes down lower if we break below the zero point seven seven three two zone that we have and that we're sitting at right now our next level of support for the Aussie dollar would be zero point seven six one eight"
Pending
AUDUSD can be looked at for trend continuation short trades around the 0.7814 zone.
"if the market pushes up as we just talked about we'll be looking at the zero point seven eight one four zone that's a level where we can look for trend continuation trades out of this pair to the short side"
Pending
If AUDUSD breaks above 0.7814, the next resistance level for shorting opportunities is 0.7898.
"if the market breaks above that level and continues Howard we can look around the 0.789 8-level that'll be our next level to look for a shorting opportunity out of this pair"
Pending
The speaker is looking for AUDUSD to push up to a daily structure level and then short to follow the daily and 4-hour bearish trend.
"what we're really looking for out the Aussie dollar is a push from that zone back up into this daily level structure along with level of structure that's been tested multiple times in the past on this chart and hopefully getting a nice shorting opportunity to here to not only follow the new trend here on the daily chart as you can see breaking below this structure but also the four-hour bearish trend that we'll see here"
Pending
For GBPUSD, a long entry is preferred closer to the 1.305 zone to ensure a good risk-reward ratio.
"wait for this market to pull down and get a little closer to this 1.30 5 zone right in here and look for an entry after the market pulls down into that area that way we can have a stop loss below this little wick here and targets below our next level of resistance and still get a decent risk to reward ratio"
Pending
GBPUSD may offer a trend continuation opportunity to the downside around the 1.323 zone.
"and the other thing we're looking for out of the pound dollar just as with the Aussie dollar is a nice push up to this 1.3 to 3 rezone and that will give us a good trend continuation opportunity to the downside"
Pending
If GBPUSD breaks below its current support, the next support level for a counter-trend long opportunity is 1.2850.
"if the market pushes below this support level that we're at currently and makes it all the way down to the 1.2850 level that'll be the next level of support we look at for counter-trend long opportunity on this pair"
Pending
If GBPUSD breaks above a resistance level, the next resistance for shorting opportunities is 1.344.
"if we get a push above the resistance level we were just talking about we can see this market make it all the way to one point three four four in that zones the next place we'll be looking for shorting opportunities here on the pound dollar"
Pending
USDCHF may present a shorting opportunity around the 1.008 zone.
"if the market pushes up to the 1.008 zone then that's a level we'll be looking at to see this market as a shorting opportunity"
Pending
USDCHF could see a move up to 0.9869 for counter-trend shorting opportunities.
"we're looking at is a possible move up into 0.9869 on this pair that'll be another level weak for counter trend shorting opportunities"
Pending
USDCHF may pull back to the 0.9747 zone, offering trend continuation long opportunities.
"for this week is a possible move back down into the zero point nine seven four seven zone and we can look for some long opportunities for trend continuation on this pair in that zone"
Pending
If USDCHF falls below 0.9747, the next support level for long opportunities is 0.9628.
"if this market pushes down below the zero point nine seven four seven level the next level we'll be looking at for support and for long trading opportunities it's a 0.9628"
Pending
A move down to 0.9747 on USDCHF would be a good spot for trend continuation to the upside.
"if this market can give us a move down to the zero point nine seven four seven area that'll be a great spot to look for some trend continuation opportunity to the upside here on the dollar Swiss"
Pending
USDJPY shorting opportunities may arise around the 114.00 to 114.18 resistance zone.
"if we get a push higher here out of this pair we're gonna be looking at the 114 even to the 114 point one eight area as a level of resistance that we can take advantage of shorting opportunities from"
Pending
If USDJPY breaks above 114.18, the next resistance level is 115.00.
"if we break above that level we'll be looking around the 115 even handle for the next level of resistance"
Pending
USDJPY may offer another long opportunity if it pulls back to the 111.92 area.
"if we can see it pull back into the one eleven point nine to area and give some kind of entry reason to go long"
Pending
If USDJPY breaks below 111.92, support may be found between 110.80 and 111.00.
"if we break below the one eleven point nine to area we may see this market find some support around the one ten point eight to the one eleven even handled zone"
Pending