website utilities

Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

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 vs. New Zealand Dollar technical chart

Download MT4 template file

Trade Setup

Total Profit: 163 pip
Closed trade(s): 51 pip Profit
Open trade(s): 112 pip Profit

Trade Setup:
We opened 9 SELL trade(s) @ 1.0956 based on 'Shooting Star' at 2018.08.27 signaled by DTO:

Closed Profit:
TP1 @ 1.0905 touched at 2018.08.29 with 51 pip Profit.

Open Profit:
Profit for one trade is 1.0956(open price) - 1.0942(current price) = 14 pip
8 trade(s) still open, therefore total profit for open trade(s) is 14 x 8 = 112 pip

Trading suggestion:

  • We have already opened Sell trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateSat, 10/06/2018 - 12:58
Currentrange bound
Forecastbeginning of downtrend
Last weekBullish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 1.1140 would begin in Midterm.

Technical analysis:

  • The ascending flag taking shape suggests we will soon see another leg higher.
  • While the RSI resistance #1 at 55 is not broken, the probability of price increase would be too low.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 55.

Take Profits:

  1. 1.0905
  2. 1.0850
  3. 1.0760
  4. 1.0660
  5. 1.0500
  6. 1.0360
  7. 1.0255
  8. 1.0010
Click on the level to view price action history.