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 / US Dollar technical chart
Symbol AUDUSD

Download MT4 template file

Trade Setup
#AUDUSD
Total Profit: 1479 pip
Closed trade(s): 120 pip Profit
Open trade(s): 1359 pip Profit

Trade Setup:
We opened 10 BUY trade(s) @ 0.6705 (day close price) based on 'Hammer' at 2019.10.02 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/A...

Closed Profit:
TP1 @ 0.6825 touched at 2019.10.17 with 120 pip Profit.

Open Profit:
Profit for one trade is 0.6856(current price) - 0.6705(open price) = 151 pip
9 trade(s) still open, therefore total profit for open trade(s) is 151 x 9 = 1359 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.

DateOctober 19, 2019 - 18:30
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.66700, beginning of uptrend is expected.
  • We make sure when the resistance at 0.70800 breaks.
  • If the support at 0.66700 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.6670 on 10/02/2019, 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 62.

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.

Symbol Released Current Forecast
Australian Dollar / US Dollar (AUDUSD) new Sun, 17 Mar 2024
Australian Dollar / US Dollar (AUDUSD) free Sat, 9 Mar 2024
Australian Dollar / US Dollar (AUDUSD) free Sat, 2 Mar 2024
Australian Dollar / US Dollar (AUDUSD) Sun, 25 Feb 2024
Australian Dollar / US Dollar (AUDUSD) Sat, 17 Feb 2024