website utilities


Follow us:
+1 (646) 48 000 22 (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
Trade Setup

#AUDUSD
Total Profit: 2508 pip
Closed trade(s): 456 pip Profit
Open trade(s): 2052 pip Profit

Trade Setup:
We opened 12 BUY trades @ 0.65208 based on 'Hammer' entry method at 2022-09-28.

Closed Profit:
TP1 @ 0.65729 touched at 2022-11-10 with 52 pip Profit.
TP2 @ 0.66760 touched at 2022-11-11 with 155 pip Profit.
TP3 @ 0.67701 touched at 2022-11-15 with 249 pip Profit.
52 + 155 + 249 = 456 pip

Open Profit:
Profit for one BUY trade is 0.67485(current price) - 0.65208(open price) = 228 pip
9 trade(s) still open, therefore total profit for open trade(s) is 228 x 9 = 2052 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.

DateNovember 26, 2022 - 10:33
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.61687, resumption of uptrend is expected.
  • We make sure when the resistance at 0.70065 breaks.
  • If the support at 0.61687 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 0.65840 on 11/21/2022, so more gains to resistance(s) 0.67701, 0.69100 and maximum to Major Resistance (0.70065) 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. 0.65729
  2. 0.66810
  3. 0.67701
  4. 0.69100
  5. 0.70065
  6. 0.71350
  7. 0.72787
  8. 0.74570
  9. 0.76600
  10. 0.78900
  11. 0.83693
Click on the level to view price action history.