Forex: Weekly Market Predictions (12/11-12/14) What is next for EURUSD
Published: 2017-12-12
Status:
Available
|
Analyzed
Published: 2017-12-12
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Shorting opportunities on lower timeframes on EUR/USD expected to ride the market down to the 1.1686 level.
"we're gonna be looking at for the week ahead on the euro dollar is getting some shorting opportunities on lower timeframes to ride this market down to the one point one six eight six level"
Pending
If EUR/USD breaks below 1.1686, it is expected to find support around the 1.1430 area in the future.
"if we get below one point one six eight six then we're waiting on the mark to get all the way down to this one point one for top three area this will be the next area we look at for support probably isn't gonna happen this week but in the future that's the next place we'll be looking for longer opportunities"
Pending
Pullbacks on EUR/USD into the 1.1840 level are expected to present shorting opportunities.
"when it comes to resistance if we get a pullback up into the one point one eight four o level there's gonna be a good spot to look for a shorting opportunity"
Pending
If EUR/USD breaks above 1.1840, the area between 1.1901 and 1.1950 is identified as the next resistance level for potential shorting.
"if we push above that we're actually looking at this standalone level here's our next one around the one point one nine oh one point one nine five in between that area will be the next level of resistance we pay attention to for possible shorting opportunities"
Pending
The highest high for EUR/USD is noted at 1.2060.
"above that our highest high over here one point two oh six oh"
Pending
The first support level for USD/CHF is expected to be around 0.9873.
"if that does happen the level of support that we're looking at first here on the dollar Swiss will be the 0.9873 area"
Pending
If USD/CHF breaks below 0.9873, the next support level is projected to be 0.9740.
"if we break below that area 0.9740 will act as our next level of support"
Pending
If USD/CHF pushes above 0.9946, the next resistance level is expected to be around 1.05.
"again we just discussed the 0.9946 level that we are currently at if we push above that we'll be looking right here at the standalone level around 1.05 as our next level of resistance"
Pending
If USD/CHF breaks above 1.05, the next resistance level is anticipated to be between 1.0089 and 1.010.
"if we push above that level we're looking around the 1.0089 right around the 1.010 area that's our next level of resistance"
Pending
USD/JPY is expected to present long opportunities on smaller timeframes, targeting near the 114.23 area.
"because of this our immediate future outlook on the dollar yen is going to be going down to smaller timeframes and looking for some kind of long opportunity get a good stop-loss under a swing level and target number twos can be somewhere up here close to that 114.23 area"
Pending
If USD/JPY breaks above 114.23, the next resistance levels are seen around 115.00 and 114.95.
"so that one fourteen point two three will be the first level we look at as resistance for the dollar yen if we get above that we'll be looking around the one fifteen even handle one fourteen point nine five area as our next level of possible resistance"
Pending
If USD/JPY breaks below 113.00, the next long opportunity is expected between 111.79 and 112.00.
"if we push down we'll be looking at support around the one thirteen even handle the resistance level we did just break above back here here and the support in the middle there if we break below that level we'll be looking around one eleven point seven nine between that and the one twelve even handle for our next long opportunity on the dollar yen"
Pending
Shorting opportunities are expected on AUD/USD based on structure analysis.
"giving us the immediate future for the Aussie dollar a good opportunity look for a reason to short the market here on the Aussie dollar we're gonna look for a shorting opportunity right here in this zone based on that structure analysis"
Pending
If AUD/USD breaks above the current resistance, the next resistance level is projected to be 0.7583.
"if we do bust above this level instead of using it as resistance like we expect the LT dollar to do the next level of resistance we'll be taking a look at is the zero point seven five eight three level"
Pending
If AUD/USD moves lower, the 0.7459 area is identified for second targets and potential counter-trend long opportunities.
"in the opposite direction if we get this short move here we're gonna be looking down at the zero point seven zero point seven four five nine area not only for second targets on that trade but also for a possible counter in long opportunity on the Aussie dollar"
Pending
The next support level for AUD/USD is expected around 0.7373, based on historical support.
"so our next level of support here on the Aussie dollar we're gonna look right in there the reason for that is because this level has accident support multiple times in the past and that gives us an indication that it could possibly act as support again if the market gets down to that level once more around the zero point seven three seven three level"
Pending
GBP/USD is predicted to find support in the range of 1.3305 to 1.3246.
"I think we'll get down in this level and probably see some support a pretty nice bounce out of this market from that level so as for our first level of support we're looking for and the more immediate future for the pound dollar our prediction is the market coming down into the 1.3305 to the 1.3246 area and that levels where we expect this market to find a little bit of support"
Pending
If GBP/USD's initial support prediction is incorrect, the next support level is anticipated at 1.3056.
"if we are wrong and our analysis does not play out correctly then we can look for this market to continue lower to the 1.3056 for our next level of possible support"
Pending
The 1.34419 area is expected to act as resistance for potential shorting on GBP/USD.
"as for resistance if we get a nice push up back to the one point three four four one nine area that area will look at for possible resistance to go short on this pound dollar pair"
Pending
The highest highs around 1.3597 are considered a powerful resistance level for possible short trades on GBP/USD.
"but if we get even higher than that back here at our highest highs this in my opinion will be one of the more powerful levels around one point three five nine seven for possible short trades"
Pending