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 Australian Dollar / Japanese Yen technical chart
Symbol AUDJPY

Download MT4 template file

Trade Setup

#AUDJPY
Total Profit: 405 pip
Closed trade(s): 405 pip Profit
Open trade(s): 0 pip Profit
_______________________________________________
Trade Setup:
We opened 9 SELL trade(s) @ 85.90 (day close price) based on 'Peak' at 2017.03.21 signaled by DTO:
http://ForecastCity.com/forecasts/Forex/daily-trading-opportunity/AUDJPY...

Closed Profit:
TP1 @ 84.70 touched at 2017.03.23 with 120 pip Profit.
TP2 @ 83.05 touched at 2017.04.07 with 285 pip Profit.
120 + 285 = 405 pip

7 other break-even trades closed at entry price, therefore no profit no loss.
_______________________________________________

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (87.10 to 88.55). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

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

  • Beginning of entry zone (87.10)
    • Resistance on 03/21/2017
    • Resistance on 03/20/2017
    • Resistance on 03/17/2017
    • Resistance on 03/14/2017
    • Resistance on 03/13/2017
    • Resistance on 03/10/2017
    • Resistance on 02/24/2017
    • Support on 02/22/2017
    • Support on 02/16/2017
    • Resistance on 02/10/2017
    • Resistance on 01/27/2017
    • Resistance on 01/20/2017
    • Resistance on 01/19/2017
    • Resistance on 12/16/2016
    • Resistance on 12/15/2016
    • Support on 12/29/2015
    • Support on 12/28/2015
    • Support on 12/23/2015
    • Support on 12/22/2015
    • Support on 12/17/2015
    • Support on 12/15/2015
    • Support on 12/14/2015
    • Resistance on 11/11/2015
    • Resistance on 11/10/2015
    • Resistance on 11/09/2015
    • Resistance on 11/06/2015
    • Resistance on 11/05/2015
    • Resistance on 11/04/2015
    • Resistance on 11/03/2015
    • Resistance on 10/22/2015
    • Resistance on 10/21/2015
    • Resistance on 10/20/2015
    • Resistance on 10/19/2015
    • Resistance on 10/16/2015
    • Resistance on 10/15/2015
    • Resistance on 10/14/2015
    • Resistance on 10/08/2015
    • Resistance on 09/17/2015
    • Resistance on 08/31/2015
    • Peak on 03/06/2012
  • Ending of entry zone (88.55)
    • Peak on 12/21/2015
    • Peak on 12/18/2015
    • Resistance on 12/17/2015
    • Peak on 12/17/2015
    • Resistance on 12/16/2015
    • Resistance on 12/11/2015
    • Resistance on 12/10/2015
    • Support on 12/08/2015
    • Support on 11/26/2015
    • Resistance on 11/19/2015
    • Resistance on 10/12/2015
    • Support on 01/27/2014
    • Support on 01/24/2014
    • Resistance on 08/21/2013
    • Support on 08/16/2013
    • Support on 08/13/2013
    • Resistance on 08/09/2013
    • Support on 07/30/2013
    • Support on 12/27/2012
    • Resistance on 12/21/2012
    • Peak on 12/20/2012
    • Resistance on 12/20/2012
    • Resistance on 12/17/2012
    • Resistance on 12/14/2012
    • Resistance on 03/20/2012
    • Resistance on 03/19/2012
    • Resistance on 03/16/2012
    • Resistance on 04/25/2011
    • Resistance on 04/21/2011
    • Resistance on 04/20/2011
    • Resistance on 04/13/2011

DateJuly 2, 2017 - 10:15
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend.

Technical analysis:

  • A trough is formed in daily chart at 83.70 on 06/22/2017, so more gains maximum to Trend Hunter Sell Zone (87.10 to 88.55) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 74.

Take Profits:

  1. 84.70
  2. 83.05
  3. 81.25
  4. 79.60
  5. 77.55
  6. 76.10
  7. 74.55
  8. 72.50
Click on the level to view price action history.