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 British Pound / New Zealand Dollar technical chart
Symbol GBPNZD

Download MT4 template file

Trading suggestion:

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

DateJanuary 9, 2021 - 22:11
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 1.90850 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 1.9042 on 01/04/2021, so more losses to support(s) 1.8605, 1.8275, 1.8120 and more depths 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 39.

Supports and Resistances:

  1. 2.1035
  2. 2.0255
  3. 2.0000
  4. 1.9780
  5. 1.9465
  6. 1.9300
  7. 1.8120
Click on the level to view price action history.