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. US Dollar technical chart

Download MT4 template file

Trade Setup
Total Profit: 927 pip
Closed trade(s): 72 pip Profit
Open trade(s): 855 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 0.6753 based on 'Hammer' at 2019.08.07 signaled by DTO:

Closed Profit:
TP1 @ 0.6825 touched at 2019.09.05 with 72 pip Profit.

Open Profit:
Profit for one trade is 0.6848(current price) - 0.6753(open price) = 95 pip
9 trade(s) still open, therefore total profit for open trade(s) is 95 x 9 = 855 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, 09/07/2019 - 19:52
Currentrange bound
Forecastbeginning of uptrend
Last weekBullish

Midterm forecast:

  • While the price is above the support 0.6620, beginning of uptrend is expected.
  • We make sure when the resistance at 0.7080 breaks.
  • If the support at 0.6620 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.6680 on 08/07/2019, so more gains to resistance(s) 0.6865, 0.6940 and maximum to Major Resistance (0.7080) 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 58.

Take Profits:

  1. 0.6825
  2. 0.6865
  3. 0.6940
  4. 0.7080
  5. 0.7200
  6. 0.7395
  7. 0.7675
  8. 0.7805
  9. 0.8135
Click on the level to view price action history.