Forex: WMP 3/5 - 3/9 (EUR/USD consolidation... How to trade it...)
Published: 2018-03-06
Status:
Available
|
Analyzed
Published: 2018-03-06
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Euro Dollar is expected to pull back to the zone between 1.2246 and 1.21500 for a potential long setup or support bounce trade.
"initially what I'm looking for out of the euro dollar is a pullback into that area before we either see this market break into a possible reversal situation or if we see this market hit this area and start to push up finding support here yet again at these previous lows so initially again looking for this pullback looking for it to get in between the area of one point two two four six all the way down to these loves really one point two one five hundred anywhere in that zone is somewhere we could potentially see some type of long setup and take it as a support bounce trade"
Pending
If the Euro Dollar continues higher, resistance is expected at 1.2513, with further potential shorting opportunities at 1.2608.
"Now the market may not respect that analysis and it could continue up higher if it does then one point two five one three is definitely somewhere we'll be looking for possible shorting opportunities and above that at one point two six zero eight if we get a little bit higher there this market heads lower"
Pending
If the Euro Dollar breaks below the previous low, shorting opportunities will be sought until the 1.2040 level, which will then be considered for long opportunities.
"Of course our first zone is right in between our blue line and the previous low there that we'll be looking for possible long opportunities and if we push below that creating this possible trend reversal going into a downtrend we'll be looking for shorting opportunities all the way down to the 1.2040 level which will be the next level we look at for possible long opportunities here on the Eurodollar"
Pending
A close below the current support level on Dollar Yen this week would confirm trend continuation in the downtrend.
"if we actually get a close below this level sometime this week say this candle comes down and closes below that level then that's putting us into trend continuation for this downtrend"
Pending
If Dollar Yen pushes below current lows and pulls back to 105.65, it is expected to act as resistance, with counter-trend long opportunities anticipated around 103.93.
"push below these lows and a pullback into the one over five point six five level making that resistance pushing down I will be looking for counter trend long opportunities around 103.9 3 if the market gets down to that level"
Pending
If Dollar Yen moves higher without breaking previous lows, resistance for trend continuation is expected at 107.46, with a further level at 108.7.
"if we end up going a little bit higher from here without pushing below and breaking below these previous lows the first place I'll be looking at for resistance and trend continuation is around 107 point four six if we go higher than that around 108 point seven"
Pending
The Aussie Dollar is expected to pull back to 0.7806 for trend continuation.
"what's the first place that we're looking for for trinken innovation at the LZ dollar we're looking to get a pullback up into zero point seven eight oh six that'll be the first place we look for trinket in uation out of this pair"
Pending
Counter-trend long opportunities on the Aussie Dollar might be available if it pushes back down to 0.7730.
"we can also be looking for some possible counter trend opportunities to the long side if we get and push back down to zero point seven seven three Oh in that area as a level we can look for possible long opportunities on the Aussie dollar"
Pending
If the Aussie Dollar pushes above the expected resistance at 0.7893, trend continuation resistance will be sought there.
"if we get a push above our most previous support level that we expect to become resistance and the market puts in the lower a little bit higher than we expect in the next place for resistance will look at is 0.789 3 for trig continuation out of the ology dollar"
Pending
The current Pound Dollar price is considered a good entry point for shorting, anticipating a move to a lower low, then a lower high, and subsequent trend continuation by breaking below the previous low.
"right where the market is now for me is going to be a great place start looking for some shorting opportunities out of the pound dollar what I'm expecting this to be is our push down to a lower low this becoming our lower high quite possibly and then pushing us down into trim continuation break below this previous low"
Pending
If trend continuation occurs on the Pound Dollar after breaking the previous low, the next level for long opportunities is 1.3597.
"the next place we'll be looking for long opportunities is 1.3597"
Pending
If the Pound Dollar continues higher past 1.3856, the next resistance level is expected around 1.4091.
"if the market instead of finding resistance at the one point three eight five six like we expect continues higher then we'll be looking left right around one point 409 one for our next level of possible resistance here on the pound dollar"
Pending
1.3450 is identified as another support level on the Pound Dollar where long opportunities might be found if trend continuation occurs.
"around 1.3450 will be another level that if the market does push down in some trinket in uation that we'll be looking for for possible long opportunities here at the pound dollar"
Pending
If the Dollar Swiss moves back up to 0.9464, shorting opportunities are anticipated.
"our initial prediction is that if we get a move back up into zero point nine four six four we can look therefore possible shorting opportunities"
Pending
If the Dollar Swiss continues lower to 0.9274, it can be considered for a counter-trend long opportunity, despite the ongoing downtrend.
"if this market continues lower from where we are now say we get this next impulsive move down all the way back down to zero point nine two seven four although we are still currently in a downtrend on this pair we can look at that level for a possible counter trend long opportunity"
Pending
0.9194 is identified as a potential level for counter-trend opportunities if the Dollar Swiss pushes below its most previous lows.
"if we push below that these most previous lows looking at zero point nine one nine four will be a really good spot for counter trend opportunities as well"
Pending