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: 7646 pip
Closed trade(s): 4258 pip Profit
Open trade(s): 3388 pip Profit
_______________________________________________
Trade Setup:
We opened 13 BUY trade(s) @ 1.5032 based on 'Valley' entry method at 2016.12.16.

Closed Profit:
TP1 @ 1.5255 touched at 2016.12.30 with 223 pip Profit.
TP2 @ 1.5465 touched at 2017.03.28 with 433 pip Profit.
TP3 @ 1.5690 touched at 2017.04.25 with 658 pip Profit.
TP4 @ 1.5825 touched at 2017.04.26 with 793 pip Profit.
TP5 @ 1.6010 touched at 2017.05.04 with 978 pip Profit.
TP6 @ 1.6205 touched at 2017.05.19 with 1173 pip Profit.
223 + 433 + 658 + 793 + 978 + 1173 = 4258 pip

Open Profit:
Profit for one trade is 1.5516(current price) - 1.5032(open price) = 484 pip
7 trade(s) still open, therefore total profit for open trade(s) is 484 x 7 = 3388 pip
_______________________________________________

#EURNZD
Total Profit: 36363 pip
Closed trade(s): 24171 pip Profit
Open trade(s): 12192 pip Profit
_______________________________________________
Trade Setup:
We opened 20 BUY trade(s) @ 1.3992 (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 248 pip Profit.
TP2 @ 1.4485 touched at 2015.04.29 with 493 pip Profit.
TP3 @ 1.4775 touched at 2015.05.01 with 783 pip Profit.
TP4 @ 1.5040 touched at 2015.05.06 with 1048 pip Profit.
TP5 @ 1.5465 touched at 2015.05.29 with 1473 pip Profit.
TP6 @ 1.5690 touched at 2015.06.03 with 1698 pip Profit.
TP7 @ 1.6010 touched at 2015.06.11 with 2018 pip Profit.
TP8 @ 1.6430 touched at 2015.06.18 with 2438 pip Profit.
TP9 @ 1.6925 touched at 2015.08.11 with 2933 pip Profit.
TP10 @ 1.7150 touched at 2015.08.24 with 3158 pip Profit.
TP11 @ 1.7745 touched at 2015.08.24 with 3753 pip Profit.
TP12 @ 1.8120 touched at 2015.08.24 with 4128 pip Profit.
248 + 493 + 783 + 1048 + 1473 + 1698 + 2018 + 2438 + 2933 + 3158 + 3753 + 4128 = 24171 pip

Open Profit:
Profit for one trade is 1.5516(current price) - 1.3992(open price) = 1524 pip
8 trade(s) still open, therefore total profit for open trade(s) is 1524 x 8 = 12192 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
    • Resistance on 03/26/2015
    • Peak on 03/26/2015
    • Resistance on 03/18/2015
    • Resistance on 03/17/2015
    • Resistance on 03/12/2015
DateJune 10, 2017 - 20:22
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

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

Technical analysis:

  • A peak is formed in daily chart at 1.5925 on 06/01/2017, so more losses to support(s) 1.5465, 1.5255, 1.5110 and minimum to Trend Hunter Buy Zone (1.4680 to 1.4485) 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 36.

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, 14 Apr 2024
Euro / New Zealand Dollar (EURNZD) Sun, 7 Apr 2024
Euro / New Zealand Dollar (EURNZD) Sun, 31 Mar 2024
Euro / New Zealand Dollar (EURNZD) Sun, 24 Mar 2024
Euro / New Zealand Dollar (EURNZD) Sun, 17 Mar 2024
History
Daily-Trading-Opportunities on EURNZD.