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: 89 pip
Closed trade(s): 89 pip Profit
Open trade(s): 0 pip Profit
_______________________________________________
Trade Setup:
We opened 10 SELL trade(s) @ 1.6849 (day close price) based on 'Peak' at 2018.02.06 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/E...

Closed Profit:
TP1 @ 1.6760 touched at 2018.02.20 with 89 pip Profit.

9 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 Sell Zone (1.6925 to 1.7150). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

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

  • Beginning of entry zone (1.6925)
    • Resistance on 02/16/2018
    • Resistance on 02/15/2018
    • Resistance on 02/12/2018
    • Resistance on 02/01/2018
    • Resistance on 01/31/2018
    • Resistance on 01/30/2018
    • Resistance on 01/29/2018
    • Resistance on 01/26/2018
    • Resistance on 01/25/2018
    • Resistance on 01/24/2018
    • Resistance on 01/17/2018
    • Support on 01/03/2018
    • Support on 12/20/2017
    • Support on 12/12/2017
    • Resistance on 11/13/2017
    • Resistance on 10/23/2017
    • Resistance on 10/20/2017
    • Resistance on 05/10/2016
    • Peak on 05/10/2016
    • Resistance on 02/17/2016
    • Resistance on 02/11/2016
    • Resistance on 02/08/2016
    • Resistance on 02/02/2016
    • Resistance on 01/29/2016
    • Resistance on 01/28/2016
    • Resistance on 01/26/2016
    • Resistance on 01/21/2016
    • Resistance on 01/15/2016
    • Resistance on 01/14/2016
    • Resistance on 10/22/2015
    • Resistance on 10/21/2015
    • Resistance on 10/15/2015
    • Support on 10/07/2015
    • Resistance on 08/12/2015
    • Resistance on 08/11/2015
    • Resistance on 12/30/2013
    • Resistance on 12/27/2013
    • Peak on 09/03/2013
    • Support on 08/05/2013
    • Resistance on 08/02/2013
    • Resistance on 06/26/2013
    • Resistance on 06/25/2013
    • Resistance on 06/24/2013
    • Resistance on 06/13/2013
    • Resistance on 06/12/2013
    • Resistance on 06/11/2013
    • Resistance on 05/23/2012
    • Resistance on 05/18/2012
    • Resistance on 12/28/2011
    • Resistance on 12/27/2011
    • Support on 12/21/2011
    • Support on 09/22/2011
    • Resistance on 09/21/2011
    • Support on 09/07/2011
    • Support on 09/06/2011
    • Resistance on 09/01/2011
    • Resistance on 08/31/2011
    • Resistance on 08/05/2011
    • Resistance on 07/14/2011
    • Trough on 01/14/2011
    • Trough on 01/13/2011
    • Trough on 01/12/2011
    • Trough on 01/11/2011
    • Resistance on 01/11/2011
    • Support on 01/11/2011
    • Trough on 01/10/2011
  • Ending of entry zone (1.7150)
    • Support on 12/08/2017
    • Support on 12/05/2017
    • Support on 11/28/2017
    • Support on 11/23/2017
    • Support on 11/22/2017
    • Support on 11/21/2017
    • Support on 11/20/2017
    • Support on 11/17/2017
    • Resistance on 10/26/2017
    • Resistance on 10/25/2017
    • Resistance on 02/11/2016
    • Resistance on 02/09/2016
    • Resistance on 01/20/2016
    • Resistance on 01/15/2016
    • Resistance on 10/14/2015
    • Resistance on 10/13/2015
    • Support on 10/06/2015
    • Support on 10/05/2015
    • Resistance on 08/26/2013
    • Resistance on 08/23/2013
    • Resistance on 08/05/2013
    • Support on 12/13/2011
    • Support on 12/08/2011
    • Support on 12/07/2011
    • Support on 12/06/2011
    • Support on 12/05/2011
    • Support on 11/01/2011
    • Support on 10/31/2011
    • Support on 10/24/2011
    • Support on 09/27/2011
    • Resistance on 09/27/2011
DateFebruary 24, 2018 - 21:21
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

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

Technical analysis:

  • A trough is formed in daily chart at 1.6725 on 02/21/2018, so more gains maximum to Trend Hunter Sell Zone (1.6925 to 1.7150) 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 49.

Take Profits:

  1. 1.6760
  2. 1.6625
  3. 1.6360
  4. 1.6205
  5. 1.6020
  6. 1.5690
  7. 1.5255
  8. 1.4535
  9. 1.3875
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.