Forex: Weekly Market Predictions (11/13-11/17) Trade ides this week

"we're gonna be looking for a reason to go short on this pair right up here at this level so as the market pushes up just a little bit higher than we'll be looking at the one point one six eight six area for resistance we'll be looking to get a shorting opportunity for trend continuation on this pair as you can see this pair has been breaking support levels now putting us into a reversal and into a new downtrend here only euro dollar daily chart so as I said if we get that push up to the one point one six eight six zone we'll be looking for a reason to short this market for trend continuation all the way down to the one point one four five three zone"

"if we break below that level we'll be looking at the one point one three even handle for our next level of possible support now there is a situation where this market could break above the one point one six eight six level if that happens we'll be looking at that level as support and we're building our next resistance around the one point one eight seven two zone and our next resistance above that at our previous highest highs around the one point 206 our looking left right here"

"if we get that confirmation let's say this candle closes right down here then we'll be waiting for a move all the way down to zero point seven five eight four as our first level of support and that will turn the 0.7631 level into our first level of resistance if the market breaks above that we'll be looking at the zero point seven seven three five level as our next level of resistance and finally above that is 0.7819 is our final level of resistance here on the Aussie dollar"

"the first level that stands out to me is right in here and the reason is because this level was used as support by the market multiple times in through year you can call this being used as resistance right through here resistance again here and then support once more here so that level could if the market decides to break through these levels act as support once again and that's gonna be the place we start looking for some buying opportunities if we get a really big move down out of that Aussie dollar right around the 0.7534 level"

"we're looking for some kind of shorting opportunity and some type of shorting entry reason in order to capture some trend continuation and ride this market all the way down to the 111 point seven nine area"

"if we do push up and set it down then we'll be looking yet again at one one four point two three area as resistance if we get above that area then one 14.95 around the 1:15 even handle will be the next level of resistance that we look for a counter trend opportunity from now if we push down as we expect then we'll be looking to short the market all the way down to the one:1 1.79 area that's the level we'll be taking a look at for counter trend trading opportunities if we push below that we'll be looking at 110 0.73 as our next level of counter trend possible trading"

"as far a little bit further out if we do break down past the 1.3056 level we'll be looking at support at 1.2850 that'll be the first level we look for a buying opportunity and if we break up past the 1 point 3 to 37 level then our next level of resistance will be the 1 point 3 4 for one area and above that we'll be looking at one point 3 5 9 7 for resistance here on the pound dollar"

"we'll be looking on lower timeframes for some kind of entry reason out of the dollar Swiss to go along from the 0.9957 support level if the market does get support from this level and pushes up the next level we'll look at for a counter trend opportunity is around 1.008 not in that zones an area we can look for shorting opportunities and if we push above that area we'll look at one point oh one six seven for next counter trend short opportunities"

"now if the market breaks below this level and continues lower then we'll be looking at the zero point nine eight seven three level is our next level of possible support to continue this uptrend if we break below that once more we look at the zero point nine seven four O level as our next level support and our next level for some buying opportunities out of the dollar Swiss"