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 / New Zealand Dollar technical chart
Symbol EURNZD

Download MT4 template file

Trade Setup

#EURNZD
Total Profit: 12183 pip
Closed trade(s): 4294 pip Profit
Open trade(s): 7889 pip Profit
_______________________________________________
Trade Setup:
We opened 13 BUY trade(s) @ 1.5026 based on 'Valley' entry method at 2016.12.16.

Closed Profit:
TP1 @ 1.5255 touched at 2016.12.30 with 229 pip Profit.
TP2 @ 1.5465 touched at 2017.03.28 with 439 pip Profit.
TP3 @ 1.5690 touched at 2017.04.25 with 664 pip Profit.
TP4 @ 1.5825 touched at 2017.04.26 with 799 pip Profit.
TP5 @ 1.6010 touched at 2017.05.16 with 984 pip Profit.
TP6 @ 1.6205 touched at 2017.05.19 with 1179 pip Profit.
229 + 439 + 664 + 799 + 984 + 1179 = 4294 pip

Open Profit:
Profit for one trade is 1.6153(current price) - 1.5026(open price) = 1127 pip
7 trade(s) still open, therefore total profit for open trade(s) is 1127 x 7 = 7889 pip
_______________________________________________

#EURNZD
Total Profit: 41599 pip
Closed trade(s): 24255 pip Profit
Open trade(s): 17344 pip Profit
_______________________________________________
Trade Setup:
We opened 20 BUY trade(s) @ 1.3985 (day close price) based on 'Hammer' at 2015.04.21 signaled by DTO:
http://ForecastCity.com/forecasts/Forex/daily-trading-opportunity/EURNZD...

Closed Profit:
TP1 @ 1.4240 touched at 2015.04.23 with 255 pip Profit.
TP2 @ 1.4485 touched at 2015.04.30 with 500 pip Profit.
TP3 @ 1.4775 touched at 2015.05.01 with 790 pip Profit.
TP4 @ 1.5040 touched at 2015.05.06 with 1055 pip Profit.
TP5 @ 1.5465 touched at 2015.05.29 with 1480 pip Profit.
TP6 @ 1.5690 touched at 2015.06.03 with 1705 pip Profit.
TP7 @ 1.6010 touched at 2015.06.11 with 2025 pip Profit.
TP8 @ 1.6430 touched at 2015.06.18 with 2445 pip Profit.
TP9 @ 1.6925 touched at 2015.08.11 with 2940 pip Profit.
TP10 @ 1.7150 touched at 2015.08.24 with 3165 pip Profit.
TP11 @ 1.7745 touched at 2015.08.24 with 3760 pip Profit.
TP12 @ 1.8120 touched at 2015.08.24 with 4135 pip Profit.
255 + 500 + 790 + 1055 + 1480 + 1705 + 2025 + 2445 + 2940 + 3165 + 3760 + 4135 = 24255 pip

Open Profit:
Profit for one trade is 1.6153(current price) - 1.3985(open price) = 2168 pip
8 trade(s) still open, therefore total profit for open trade(s) is 2168 x 8 = 17344 pip
_______________________________________________

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (1.4680 to 1.4485). 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 (1.4680)
    • Support on 03/01/2017
    • Support on 02/28/2017
    • Resistance on 02/24/2017
    • Resistance on 02/23/2017
    • Support on 02/22/2017
    • Support on 02/21/2017
    • Resistance on 02/07/2017
    • Support on 01/27/2017
    • Support on 01/26/2017
    • Support on 01/25/2017
    • Trough on 12/13/2016
    • Support on 12/13/2016
  • Ending of entry zone (1.4485)
    • Resistance on 04/29/2015
    • Resistance on 04/07/2015
    • Resistance on 04/06/2015
    • Resistance on 04/03/2015
    • Resistance on 04/02/2015
    • Resistance on 04/01/2015
    • Peak on 03/30/2015
    • Peak on 03/27/2015
    • Peak on 03/26/2015
    • Resistance on 03/26/2015
    • Resistance on 03/18/2015
    • Resistance on 03/17/2015
    • Resistance on 03/12/2015

DateMay 20, 2017 - 21:53
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • The current trend is uptrend and the forecast is continuation of uptrend.

Technical analysis:

  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 70.

Take Profits:

  1. 1.5255
  2. 1.5465
  3. 1.5690
  4. 1.5825
  5. 1.6010
  6. 1.6205
  7. 1.6430
  8. 1.6700
  9. 1.6925
  10. 1.7265
  11. 1.8000
  12. 1.9565
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / New Zealand Dollar (EURNZD) Sun, 24 Mar 2024
Euro / New Zealand Dollar (EURNZD) Sun, 17 Mar 2024
Euro / New Zealand Dollar (EURNZD) Sun, 10 Mar 2024
Euro / New Zealand Dollar (EURNZD) Sun, 3 Mar 2024
Euro / New Zealand Dollar (EURNZD) Thu, 29 Feb 2024