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 / New Zealand Dollar technical chart
Symbol AUDNZD

Download MT4 template file

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 2, 2020 - 18:59
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • While the price is above the support 1.02700, continuation of uptrend is expected.
  • We make sure when the resistance at 1.07450 breaks.
  • If the support at 1.02700 is broken, the short-term forecast -continuation of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 1.0745 on 04/28/2020, so more losses to support(s) 1.0480, 1.0395, 1.0305 and minimum to Major Support (1.0270) 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 57.

Supports and Resistances:

  1. 1.1140
  2. 1.0990
  3. 1.0850
  4. 1.0660
  5. 1.0585
  6. 1.0395
  7. 1.0020
Click on the level to view price action history.