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

Trade Setup
#AUDNZD
Total Profit: -1680 pip
Closed trade(s): 0 pip Profit
Open trade(s): -1680 pip Profit

Trade Setup:
We opened 15 BUY trade(s) @ 1.0443 (day close price) based on 'Valley' at 2019.02.20 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/A...

Open Profit:
Profit for one trade is 1.0331(current price) - 1.0443(open price) = -112 pip
15 trade(s) still open, therefore total profit for open trade(s) is -112 x 15 = -1680 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.
DateMarch 16, 2019 - 14:17
Currentdowntrend
Forecastbeginning of uptrend

Midterm forecast:

  • Although current trend is downtrend, but we forecast a uptrend wave would begin in Midterm.

Technical analysis:

  • The ascending flag taking shape suggests we will soon see another leg higher.
  • The RSI bounced from the support #1 at 33 and it prevented price from more losses.
  • While the RSI downtrend #2 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 1.0460 on 02/28/2019, so more losses minimum to Major Support (1.0235) 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 36.

Take Profits:

  1. 1.0545
  2. 1.0585
  3. 1.0660
  4. 1.0760
  5. 1.0850
  6. 1.0905
  7. 1.0990
  8. 1.1050
  9. 1.1140
  10. 1.1280
  11. 1.1375
  12. 1.1645
  13. 1.1920
  14. 1.2340
Click on the level to view price action history.
Symbol Released Current Forecast
Australian Dollar / New Zealand Dollar (AUDNZD) Sun, 14 Apr 2024
Australian Dollar / New Zealand Dollar (AUDNZD) Sun, 7 Apr 2024
Australian Dollar / New Zealand Dollar (AUDNZD) Sat, 30 Mar 2024
Australian Dollar / New Zealand Dollar (AUDNZD) Sun, 24 Mar 2024
Australian Dollar / New Zealand Dollar (AUDNZD) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on AUDNZD.