Languages

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
Symbol AUDNZD

Download MT4 template file

Trade Setup
#AUDNZD
Total Profit: 2363 pip
Closed trade(s): 244 pip Profit
Open trade(s): 2119 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...

Closed Profit:
TP1 @ 1.0545 touched at 2019.04.05 with 102 pip Profit.
TP2 @ 1.0585 touched at 2019.04.09 with 142 pip Profit.
102 + 142 = 244 pip

Open Profit:
Profit for one trade is 1.0606(current price) - 1.0443(open price) = 163 pip
13 trade(s) still open, therefore total profit for open trade(s) is 163 x 13 = 2119 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.

DateSat, 04/13/2019 - 22:08
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 1.0275, beginning of uptrend is expected.
  • We make sure when the resistance at 1.0660 breaks.
  • If the support at 1.0275 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The ascending flag taking shape suggests we will soon see another leg higher.
  • The RSI resistance #1 at 60 is broken, so the probability of beginning of uptrend is increased.
  • A trough is formed in daily chart at 1.0275 on 03/25/2019, so more gains maximum to Major Resistance (1.0660) 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 71.

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.