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: 13270 pip
Closed trade(s): 5782 pip Profit
Open trade(s): 7488 pip Profit
_______________________________________________
Trade Setup:
We opened 13 BUY trade(s) @ 1.5014 based on 'Valley' entry method at 2016.12.16.

Closed Profit:
TP1 @ 1.5255 touched at 2016.12.30 with 241 pip Profit.
TP2 @ 1.5465 touched at 2017.03.28 with 451 pip Profit.
TP3 @ 1.5690 touched at 2017.04.25 with 676 pip Profit.
TP4 @ 1.5825 touched at 2017.04.26 with 811 pip Profit.
TP5 @ 1.6010 touched at 2017.05.04 with 996 pip Profit.
TP6 @ 1.6205 touched at 2017.05.19 with 1191 pip Profit.
TP7 @ 1.6430 touched at 2017.08.25 with 1416 pip Profit.
241 + 451 + 676 + 811 + 996 + 1191 + 1416 = 5782 pip

Open Profit:
Profit for one trade is 1.6262(current price) - 1.5014(open price) = 1248 pip
6 trade(s) still open, therefore total profit for open trade(s) is 1248 x 6 = 7488 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

DateSeptember 24, 2017 - 18:41
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 1.6685 on 09/07/2017, so more losses to support(s) 1.6205, 1.6010, 1.5825 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 47.

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