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 Euro / Australian Dollar technical chart
Symbol EURAUD

Download MT4 template file

Trade Setup

#EURAUD
Total Profit: 710 pip
Closed trade(s): 710 pip Profit
Open trade(s): 0 pip Profit
_______________________________________________
Trade Setup:
We opened 10 BUY trade(s) @ 1.4440 (day close price) based on 'Hammer' at 2016.11.01 signaled by DTO:
http://ForecastCity.com/forecasts/Forex/daily-trading-opportunity/EURAUD...

Closed Profit:
TP1 @ 1.4525 touched at 2016.11.02 with 85 pip Profit.
TP2 @ 1.4645 touched at 2016.11.09 with 205 pip Profit.
TP3 @ 1.4860 touched at 2016.11.09 with 420 pip Profit.
85 + 205 + 420 = 710 pip

7 other break-even trades closed at entry price, therefore no profit no loss.
_______________________________________________

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1.4355 to 1.4040). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (1.4355)
    • Resistance on 11/10/2016
    • Resistance on 11/09/2016
    • Resistance on 11/08/2016
    • Resistance on 10/27/2016
    • Resistance on 10/21/2016
    • Resistance on 10/20/2016
    • Resistance on 10/19/2016
    • Trough on 12/07/2015
    • Trough on 12/04/2015
    • Trough on 12/03/2015
    • Support on 12/03/2015
    • Peak on 07/23/2014
    • Trough on 06/20/2014
    • Trough on 06/19/2014
    • Trough on 06/17/2014
    • Trough on 06/16/2014
    • Trough on 06/13/2014
    • Trough on 06/12/2014
  • Ending of entry zone (1.4040)
    • Support on 11/10/2016
    • Support on 05/27/2015
    • Support on 05/22/2015
    • Support on 05/21/2015
    • Support on 05/20/2015
    • Support on 05/19/2015
    • Support on 05/12/2015
    • Support on 05/06/2015
    • Support on 05/05/2015
    • Resistance on 04/09/2015
    • Support on 04/01/2015
    • Support on 03/31/2015
    • Support on 03/30/2015
    • Resistance on 03/26/2015
    • Resistance on 03/18/2015
    • Resistance on 03/11/2015
    • Support on 03/09/2015
    • Support on 03/08/2015
    • Support on 03/06/2015
    • Support on 01/23/2015
    • Support on 01/22/2015
    • Support on 01/21/2015
    • Support on 01/19/2015
    • Support on 01/16/2015
    • Support on 09/11/2014
    • Support on 09/10/2014
    • Support on 09/03/2014
    • Support on 09/01/2014
    • Support on 08/29/2014
    • Support on 11/07/2013
    • Support on 07/05/2013
    • Support on 07/04/2013
    • Support on 06/28/2013
    • Support on 06/19/2013
    • Resistance on 06/17/2013
    • Support on 06/12/2013
    • Resistance on 06/10/2013
    • Resistance on 10/04/2011
    • Resistance on 08/11/2011
    • Resistance on 08/09/2011
    • Support on 03/22/2011
    • Support on 03/21/2011
    • Support on 03/16/2011
    • Resistance on 11/05/2010
    • Support on 11/03/2010
    • Support on 11/02/2010
    • Support on 11/01/2010
    • Trough on 10/28/2010
    • Support on 10/27/2010
    • Trough on 10/27/2010
    • Support on 10/26/2010
    • Support on 10/25/2010
    • Support on 10/19/2010
    • Support on 10/14/2010
    • Support on 10/13/2010
    • Support on 10/12/2010
    • Support on 09/30/2010
    • Support on 09/29/2010
    • Resistance on 09/28/2010
    • Resistance on 09/27/2010
    • Resistance on 09/23/2010
    • Resistance on 09/22/2010
    • Resistance on 09/07/2010
    • Support on 09/06/2010
    • Support on 09/05/2010
    • Support on 09/03/2010
    • Support on 09/02/2010
    • Support on 09/01/2010
    • Support on 06/28/2010
    • Support on 06/24/2010
    • Support on 06/23/2010
    • Support on 06/22/2010
    • Support on 06/21/2010
    • Resistance on 05/14/2010
    • Support on 05/06/2010
DateNovember 12, 2016 - 22:12
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend.

Technical analysis:

  • A peak is formed in daily chart at 1.4555 on 11/03/2016, so more losses minimum to Trend Hunter Buy Zone (1.4355 to 1.4040) 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 48.

Take Profits:

  1. 1.4525
  2. 1.4645
  3. 1.4860
  4. 1.5115
  5. 1.5335
  6. 1.5580
  7. 1.5825
  8. 1.6250
  9. 1.6595
Click on the level to view price action history.
Symbol Released Current Forecast
Euro / Australian Dollar (EURAUD) Sun, 14 Apr 2024
Euro / Australian Dollar (EURAUD) Sun, 7 Apr 2024
Euro / Australian Dollar (EURAUD) Sun, 31 Mar 2024
Euro / Australian Dollar (EURAUD) Sun, 24 Mar 2024
Euro / Australian Dollar (EURAUD) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on EURAUD.