Languages

website utilities


Follow us:
+1 (646) 48 000 22 (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: 260 pip
Closed trade(s): 260 pip Profit
Open trade(s): 0 pip Profit

Trade Setup:
We opened 11 SELL trade(s) @ 1.7000 (day close price) based on 'Shooting Star' at 2018.03.29 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/E...

Closed Profit:
TP1 @ 1.6925 touched at 2018.04.03 with 75 pip Profit.
TP2 @ 1.6815 touched at 2018.04.04 with 185 pip Profit.
75 + 185 = 260 pip

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 (1.7100 to 1.7165). 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 (1.7100)
    • Resistance on 04/03/2018
    • Resistance on 03/29/2018
    • Resistance on 03/28/2018
    • Resistance on 03/27/2018
    • Resistance on 03/23/2018
    • Resistance on 03/22/2018
    • Resistance on 03/21/2018
    • Resistance on 03/20/2018
    • Resistance on 03/08/2018
    • Resistance on 03/05/2018
    • Resistance on 02/08/2018
    • Peak on 02/05/2018
    • Resistance on 02/05/2018
    • Support on 12/06/2017
    • Support on 11/29/2017
    • Support on 11/28/2017
    • Resistance on 10/24/2017
    • Resistance on 02/11/2016
    • Resistance on 02/10/2016
    • Resistance on 02/09/2016
    • Resistance on 01/20/2016
    • Resistance on 01/15/2016
    • Resistance on 08/14/2015
    • Resistance on 08/30/2013
    • Resistance on 08/29/2013
    • Resistance on 08/23/2013
    • Resistance on 08/22/2013
    • Resistance on 06/20/2013
    • Peak on 06/12/2013
    • Peak on 06/11/2013
    • Resistance on 06/11/2013
  • Ending of entry zone (1.7165)
    • Peak on 03/21/2018
    • Resistance on 03/21/2018
    • Support on 12/08/2017
    • Support on 12/05/2017
    • Support on 11/24/2017
    • 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 11/15/2017
    • Resistance on 11/14/2017
    • 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 12/02/2011
    • Support on 10/24/2011
    • Support on 09/28/2011
    • Support on 09/27/2011

DateApril 21, 2018 - 21:43
Currentrange bound
Forecastbeginning of downtrend
Last weekBullish

Midterm forecast:

  • While the price is below the resistance 1.7480, beginning of downtrend is expected.
  • We make sure when the support at 1.6625 breaks.
  • If the resistance at 1.7480 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 1.6670 on 04/13/2018, so more gains maximum to Trend Hunter Sell Zone (1.7100 to 1.7165) is expected.
  • Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
  • Relative strength index (RSI) is 60.

Take Profits:

  1. 1.6925
  2. 1.6815
  3. 1.6625
  4. 1.6360
  5. 1.6205
  6. 1.6020
  7. 1.5690
  8. 1.5255
  9. 1.4535
  10. 1.3875
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / New Zealand Dollar (EURNZD) new Sat, 4 Jul 2020
Euro / New Zealand Dollar (EURNZD) Sat, 27 Jun 2020
Euro / New Zealand Dollar (EURNZD) Sat, 20 Jun 2020
Euro / New Zealand Dollar (EURNZD) Sat, 13 Jun 2020
Euro / New Zealand Dollar (EURNZD) Sat, 6 Jun 2020