Forex: Weekly Market Predictions (11/27-12/1) Detailed Chart Breakdowns
Published: 2017-11-27
Status:
Available
|
Analyzed
Published: 2017-11-27
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Plan to close part of the Euro Dollar long position between 1.2000 and 1.2050.
"we'll be waiting on between the one point two oh and one point two oh five area to take off the second part of this position"
Pending
Expect a pullback in Euro Dollar to 1.1862, potentially leading to a long trade up to 1.2060-1.2050.
"this pullback could quite possibly pull back into the one point one eight six two level if we get some kind of buying opportunity there we can look for a long trade all the way up to this first level of resistance around one point two oh six Oh around one point two oh five Oh"
Pending
Will look for shorting opportunities in the Euro Dollar between 1.2050 and 1.2060.
"in this zone is where we'll be paying attention to for some counter trends shorting opportunities"
Pending
If Euro Dollar breaks below 1.1862, a long opportunity may arise at 1.1686.
"our next obvious level of support if the market pushes below the one point one eight six two zone is going to be one point one six eight six that's another level we can look for a long opportunity out of this pair"
Pending
If Euro Dollar breaks above 1.2060, the next resistance level to watch is around 1.2300.
"if the market pushes up we've already discussed this first level of resistant around the 1.2 o6o level well if we get above that level say the market does something like this then we'll be waiting for that 1.2 299 around the 1.23 even handle for our next level of possible resistance"
Pending
The Dollar Yen will act as resistance if it pushes back up to the broken support level.
"if the market pushes back up into that level it will be resistance at that point and act as a possible place for us to take a short position"
Pending
A counter-trend long opportunity on Dollar Yen may occur around 110.47 if the market continues downwards.
"looking below the market try to get a counter trend opportunity we'll be looking around the 1.10 for seven level so if the market continues down that's the first level we'll look for at counter trend longer opportunity"
Pending
If Dollar Yen breaks below 108.97, look for a counter-trend trade opportunity.
"we break below that we'll look around the 108 point nine seven level for our next counter trade opportunity"
Pending
If Dollar Yen breaks above 111.79, the next shorting opportunity level is around 114.23.
"if we break above that we have a long way to go all the way up to 114 even handle around 114 point two three in that zone as the next level will look at for a shorting opportunity"
Pending
The next resistance level for Dollar Yen after 114.23 is around 115.00.
"and above that around the 115 even handle will be our next stopping point for the dollar yen"
Pending
An additional resistance level for Dollar Yen is around 113.00.
"now on this pair we also have a little level of resistance right here that's another level we'll pay attention to for resistance around the 113 even handle"
Pending
If a valid entry reason appears on a lower timeframe, the Aussie Dollar at 0.7534 will be treated as a counter-trend trade.
"at this level if we go to a lower timeframe and see some kind of entry reason we will be taking advantage of that as a counter trend trade"
Pending
The Aussie Dollar moved over 100 pips from the support at 0.7534 up to resistance at 0.7627.
"we ended up getting a little over a hundred pip move from that zone all the way back up to our resistance level at 0.76 to 7"
Pending
No optimal trading opportunities for Aussie Dollar this week unless it breaks above 0.7627 or below 0.7534.
"unless this market breaks above this resistance level or breaks below zero point 7 5 3 4 we're not really looking for anything out of the ulti dollar this week"
Pending
Look for long trades on Aussie Dollar if it breaks above 0.7627.
"if the market pushes above the 0.76 to 77 area we can start looking for some loan trades out of this pair"
Pending
If Aussie Dollar breaks below 0.7583, it will act as resistance; shorting opportunities might exist if it breaks below 0.7534.
"if we push down even if we break below the zero point seven five eight three area then look at that as resistance we don't have very far to go maybe 40 pips again between the two levels of support so unless we break below the 0.75 3 zone and then look for some type of shorting opportunities down to the next level of support"
Pending
Long opportunities for Aussie Dollar can be pursued up to 0.7735.
"if we push up we can look for some long opportunities all the way up to the zero point seven seven three five on the Aussie dollar"
Pending
If Aussie Dollar breaks above 0.7735, the next resistance level is around 0.7810.
"if we break above that level we'll look around the zero point seven eight one area as our next level of resistance"
Pending
A long opportunity for Aussie Dollar might occur at the 0.7534 zone if it pushes down that far.
"but if we push all the way down to the 0.75 3/4 zone we could look for a long opportunity from there"
Pending
The next long opportunity level for Aussie Dollar after 0.7534 is 0.7459.
"below that at the zero point seven four five nine area will be the next level we look at for a long opportunity here on the Aussie dollar"
Pending
If Pound Dollar breaks out of consolidation, a pullback to the 1.3246-1.3305 zone may offer a long opportunity.
"if we finally do break above that period of consolidation what we can look for is a pull back into our yellow zone we pointed out last week between the 1.3 305 area which is our black line and the one point three two four six area which is our red line the market pulls back into that area we can be looking for some type of long opportunity to continue the newfound trend which should be up after breaking out of the resistance level of this period of consolidation"
Pending
If Pound Dollar pushes up after breaking consolidation, the next resistance level is 1.3441.
"if this does happen and we push up then the next step we'll look at for resistance after pushing up is around 1.3 for 41 on the pound dollar"
Pending
If Pound Dollar breaks above 1.3441, the next resistance level is around 1.3597.
"the push up above that we'll be looking at these highest highs back here around the 1.35 97 level"
Pending
If Pound Dollar breaks below the 1.3246-1.3305 zone, the next support level is 1.3056.
"as for our next level support if we continue to push down after that it will be the support level for this period of consolidation 1.30 five sixes ohm right down here"
Pending
Either a pullback to the 1.3246-1.3305 zone for a long, or continued upward movement on Pound Dollar towards 1.3441 will be looked for.
"we're looking for either this market to pull back into our zone give us some kind of longer opportunity here at the trading channel or if we see this market continue up we'll be looking for long opportunities on lower timeframes until we get to the one point three four four level"
Pending
The Dollar Swiss level around 0.9946 has historically acted as both support and resistance and proved important again recently.
"we ended up getting a pretty good in treason but just to show you guys a little more about whiles pay into that zone if we look back here in the past you can see that level acting as not only support in the past but also as resistance multiple times as well so this in the past has been an extremely important level and it proved to be another important level here as the market pushed up to that level gave us an entry reason and is now pushed down"
Pending
Currently expecting the Dollar Swiss to move downwards to a profit target of 0.9740.
"we're currently waiting to see if this market can continue in the downward direction to hit our profit target around the 0.97 4:02 zone"
Pending
The Dollar Swiss 0.9873 level is now resistance, and shorting opportunities will be sought if the market reaches it.
"we have now broken below this previous level of support at the zero point nine eight seven three zone because of that this level is now going to be acting as resistance meaning that if the market pushes up from where it's at right now and we get to the zero point nine eight seven three level we'll be looking for shorting opportunities in trend continuation from that area"
Pending
Expecting Dollar Swiss to move down to 0.9740, where a second position will be considered.
"we'll be looking for that area to push the market down to the zero point nine seven 402 zone that's our next level of support where we're thinking of taking that second position"
Pending
Another key Dollar Swiss structure level is identified, to be watched if the price breaks below 0.9740.
"if we push below that level let's go ahead and zoom the chart out a little and we'll actually have to go ahead and point out another key level of structure that will be paying attention to have you spotted one yet I already see the next key level structure I'll be paying attention to and it is right in here"
Pending
If Dollar Swiss breaks below 0.9633, look for counter-trend long opportunities.
"so our first level of support the zero points at 974 O level the second level support if we break below that the zero point nine six three three zone will be paying attention to for our next counter trend long opportunities out of the dollar Swiss"
Pending
The next shorting opportunity for Dollar Swiss after 0.9873 is at 0.9946.
"that's the first level will look for shorting opportunities the next level be the zero point nine nine four six level that's the next level we'll be looking at for a possible short trade out of the dollar Swiss"
Pending
For the immediate future, Dollar Swiss might see a pullback to 0.9873 for a shorting opportunity, or continue its downtrend to 0.9740 for trend continuation shorts.
"as we said either a pull back up to the zero point nine eight seven three zone for a possible shorting opportunity or this market to continue in its downtrend and on a lower timeframe possibly a day trading timeframe taking a look at some shorting trend continuation opportunities all the way down at the zero point nine seven 400 level"
Pending