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Weekly forecast Euro / New Zealand Dollar technical chart
Symbol EURNZD

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Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateSeptember 9, 2018 - 15:09
Currentuptrend
Forecastbeginning of downtrend

Midterm forecast:

  • The current trend is uptrend but the forecast is beginning of downtrend.

Technical analysis:

  • While the RSI uptrend #1 is not broken, bullish wave in price would continue.
  • A trough is formed in daily chart at 1.7120 on 07/30/2018, so more gains to resistance(s) 1.7745, 1.8000, 1.8740 and more heights 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 76.

Supports and Resistances:

  1. 1.3875
  2. 1.4535
  3. 1.5255
  4. 1.5655
  5. 1.6010
  6. 1.6205
  7. 1.6355
  8. 1.6565
  9. 1.6815
  10. 1.6965
  11. 1.7115
  12. 1.7210
  13. 1.7380
  14. 1.7480
  15. 1.7745
  16. 1.8000
  17. 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