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

Trading suggestion:

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

DateMay 29, 2022 - 06:01
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 1.07990, resumption of uptrend is expected.
  • We make sure when the resistance at 1.11400 breaks.
  • If the support at 1.07990 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI support #1 at 44 is not broken, the probability of price decrease would be too low.
  • A peak is formed in daily chart at 1.11100 on 05/04/2022, so more losses to support(s) 1.08813 and minimum to Major Support (1.07990) 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 48.

Supports and Resistances:

  1. 1.07990
  2. 1.06977
  3. 1.05978
  4. 1.05090
  5. 1.04492
Click on the level to view price action history.