Forex: Weekly Market Predictions (10/23 - 10/27) What is next for the USD?
Published: 2017-10-23
Status:
Available
|
Analyzed
Published: 2017-10-23
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Dollar Swiss is expected to offer shorting opportunities around the 0.9873 zone.
"the zero point nine eight seven three z'l so back on this current dollar Swiss chart you can see that a mouse that's worked out quite nicely pushing all the way up to our next level of resistance from the area we pointed out in last week's video and now that we've done that we're actually at a level of resistance here around the zero point nine eight seven three zone this is an area we'll be looking for shorting opportunities down on lower top frames"
Pending
If the Dollar Swiss breaks above 0.9873, the next resistance level for shorting opportunities will be 0.9974.
"if the market does break above this resistance level that we're at currently at the 0.98 7-3 area then we're looking at the 0.997 4 zone as our next level of resistance in our next level for a shorting opportunity"
Pending
If the Dollar Swiss falls from its current level, support will be sought at 0.974, with a further break leading to support at 0.9628.
"if this market pushes down from the level where it currently will be looking yet again at the 0.97 for a level 4 support and if we break below that area then we'll be looking at the 0.9 6 to 8 zone as our next level of support"
Pending
The Dollar Yen was expected to push up from the 111.79 support level.
"here on the dollar yen we looking at 111 point seven nine area of support last week we talked about the market possibly being able to push up from that level"
Pending
Buying opportunities were anticipated for the Dollar Yen around the 111.79 zone, pending specific entry reasons.
"for the immediate future on this pair will actually be looking for a buying entry reason since we are floating around the zone this all means our conditions have been met and now we're gonna be waiting on our actual entry reason from this area to take this trade going long"
Pending
The Dollar Yen reached the 114.00 level, which was identified as a resistance area for potential short positions.
"the dog yen analysis from last week working out quite nicely market pushing all the way up to that 114 even handle and if you saw last week's video you'll know that 114 even handle is actually an area of resistance that we were looking for to take a short position from if we get some kind of in reason"
Pending
The Dollar Yen was expected to offer shorting opportunities at 114.00, with a further break leading to shorting opportunities at 115.00.
"for this parent just as we were discussing a second ago we're sending a ride at the 114 even handle this is a place we'll be looking for shorting opportunities throughout the week and if we break above that area then we'll be looking at the 115 even handle for our next shorting opportunities"
Pending
If the Dollar Yen falls from 114.00, buying opportunities will be sought at 111.79, with a break below leading to buying opportunities at 110.73.
"now if this market falls from this area we'll be paying attention yet again at the 111 point 7-9 area for a buying opportunity if we break below that we'll be looking at one ten point seven three zone for next buying opportunity here on the dollar yen"
Pending
The Euro Dollar was expected to move down towards the 1.1686 zone, offering a long opportunity if reached.
"currently this markets still floating in between the 1.1 686 zone and the 1.18 72 zones so for the immediate future we may be looking for this market to continue down and possibly get to our 1.1 686 area if that happens then we're looking for a long opportunity from that area"
Pending
If the Euro Dollar breaks below 1.1686, it could fall to 1.1453, which would be a support level for long trades, and also a level where shorting opportunities might be considered on the way down.
"but if this market breaks below that area then we have a long ways to go down all the way to the 1.1 4 5 3 area for our next level of major support in through this area as when we'll be looking for shorting opportunities on the way down and if we get down to that one point 1 4 5 3 that's where we'll look for another long trade possibility"
Pending
Resistance for the Euro Dollar was identified at 1.1872, with further resistance expected at 1.2050 to 1.2060 if the price pushes higher.
"it's full resistance if this market pushes up we'll be looking at one point one eight seven two zone yet again for our first level of resistance if we push above that then we'll be looking up at these highs over here around the 1.2 o5o all the way to the one point 206 ozone for our next level of resistance here out of the euro dollar"
Pending
The Aussie Dollar was expected to offer shorting opportunities if it pulled back to the 0.7893 level.
"last week we discussed the 0.789 three area as being an area we were looking at for shorting opportunity the market had already pushed down off that level by the time we released the video but we talked about if there was a pull back up into that level we'd be looking therefore a shorting opportunity on this pair"
Pending
The Aussie Dollar pushed up to the 0.7893 zone and then immediately moved down.
"this market did end up pushing back up around the 0.789 3 zone and then immediately pushed down yet again from that level"
Pending
If the Aussie Dollar closes above 0.7819, it will be seen as support; if it closes below, it will be seen as resistance.
"currently this market right below the 0.78 1-9 area if this market pulls back up and the body of that candle closes above that zone then we'll be looking at this level as support yet if we close below this level then we'll be looking at that level as resistance next it'll be the zero point seven eight one nine level as the first level resistance"
Pending
If the Aussie Dollar falls from 0.7819, support will be sought at 0.7735 for long trades, with further support at 0.7618 if it breaks below 0.7735.
"if the market pushes down from that level then the level support we'll be paying attention to is around the zero point seven seven three five area in that areas where we'll be looking for long trades if we break below that our last level of support we're gonna be looking at is the zero point seven six one eight zone here on the Aussie dollar"
Pending
If the Aussie Dollar pushes back up, 0.7893 will be a resistance level for shorting opportunities, with further resistance at 0.8023 if it breaks above 0.7893.
"now if this market pushes back up they were be looking yet again at the zero point seven eight nine three zone as a level of resistance we can pay attention to for shorting opportunities if we get above that we got a pretty long ways to go all the way up to our 0.8 o23 area here on the Aussie dollar"
Pending
The Pound Dollar's previous support level of 1.3237 has now become a resistance level, where shorting opportunities are anticipated.
"this one point three two three seven level that was support last week now changing into a resistance level here on this pair so right now hovering around that resistance level at one point three two three seven so level we'll be looking at for shorting opportunities out of this pair"
Pending
If the Pound Dollar falls from 1.3237, support is expected at 1.3056, with further support at 1.2850 for long opportunities if it breaks below 1.3056.
"if we push down from that level our first level of support will be around the 1.30 five six level for the pound dollar if we push below that at 1.2850 will be the next level support we look for long opportunities"
Pending
If the Pound Dollar pushes higher, resistance will be sought at 1.3441 for shorting, with further shorting opportunities expected around 1.3597.
"if this market pushes up and continues higher we'll be looking at the one point three four four one zone as a level of resistance to look for shorting opportunities out of this pair and if we push higher than that then we be looking at the highs right over here for our next shorting opportunity around the one point three five nine seven zone"
Pending
The Pound Dollar is expected to offer shorting opportunities around the 1.3273 zone in the immediate future.
"in the immediate future for this pair looking for shorting opportunities around thee one point three two seven three zone"
Pending