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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 22, 2018 - 22:52
Currentuptrend
Forecastbeginning of downtrend

Midterm forecast:

  • 1.74800 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • The RSI bounced from the resistance #1 at 80 and it prevented price from more gains.
  • The RSI uptrend #2 is broken, so the probability of beginning of downtrend is increased.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 51.

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. 1.7805
  16. 1.8000
  17. 1.8190
  18. 1.8440
  19. 1.8765
  20. 1.9565
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / New Zealand Dollar (EURNZD) Sun, 14 Apr 2024
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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