website utilities


Follow us:
+1 64 64 8000 31 (New York, USA)
You are not logged in, you need subscription to view up-to-date forecasts, please Login if you have already subscribed, otherwise please Subscribe
You can still continue browsing delayed forecasts on the sidebar list.
Weekly forecast Eidoo technical chart
Symbol EDOUSD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.3545 to 0.2700). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.3545)
    • Resistance on 09/08/2019
    • Resistance on 09/11/2019
    • Resistance on 09/30/2019
    • Support on 10/03/2019
    • Resistance on 05/25/2020
    • Resistance on 05/26/2020
    • Support on 06/04/2020
  • Ending of entry zone (0.2700)
    • Support on 09/13/2019
    • Support on 09/24/2019
    • Support on 09/25/2019
    • Support on 09/26/2019
    • Support on 09/27/2019
    • Support on 10/11/2019
    • Support on 10/17/2019
    • Support on 10/18/2019
    • Support on 10/20/2019
    • Support on 10/23/2019
    • Support on 10/26/2019
    • Support on 10/27/2019
    • Resistance on 11/29/2019
    • Resistance on 12/08/2019
    • Resistance on 12/09/2019
    • Resistance on 12/16/2019
    • Resistance on 02/11/2020
    • Resistance on 02/12/2020
    • Resistance on 02/13/2020
    • Resistance on 02/15/2020
    • Resistance on 02/16/2020
    • Resistance on 02/19/2020
    • Support on 05/28/2020

DateOctober 6, 2020 - 14:25
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.0340, beginning of uptrend is expected.
  • We make sure when the resistance at 0.7255 breaks.
  • If the support at 0.0340 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI resistance #1 at 55 is not broken, the probability of price increase would be too low.
  • A peak is formed in daily chart at 0.7208 on 09/19/2020, so more losses to support(s) 0.3545, 0.2700, 0.2325 and minimum to Major Support (0.0340) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 30.

Take Profits:

  1. 0.4775
  2. 0.5785
  3. 0.7255
  4. 0.8230
  5. 1.0395
  6. 1.3680
  7. 2.7205
  8. 3.5300
  9. 6.8690
Click on the level to view price action history.

Symbol Released Current Forecast
Eidoo (EDOUSD) Sun, 19 Sep 2021
Eidoo (EDOUSD) Sun, 12 Sep 2021
Eidoo (EDOUSD) Sun, 5 Sep 2021
Eidoo (EDOUSD) Sat, 28 Aug 2021
Eidoo (EDOUSD) Sat, 21 Aug 2021