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
Trade Setup

#GBPNZD
Total Profit: -149 pip
Closed trade(s): 176 pip Profit
Open trade(s): -325 pip Profit

Trade Setup:
We opened 6 BUY trades @ 1.94445 based on 'Valley' entry method at 2022-04-29.

Closed Profit:
TP1 @ 1.96214 touched at 2022-05-16 with 176 pip Profit.

Open Profit:
Profit for one BUY trade is 1.93798(current price) - 1.94445(open price) = -65 pip
5 trade(s) still open, therefore total profit for open trade(s) is -65 x 5 = -325 pip

#GBPNZD
Total Profit: -149 pip
Closed trade(s): 176 pip Profit
Open trade(s): -325 pip Profit

Trade Setup:
We opened 6 BUY trades @ 1.94445 based on 'Valley' entry method at 2022-04-29.

Closed Profit:
TP1 @ 1.96214 touched at 2022-05-16 with 176 pip Profit.

Open Profit:
Profit for one BUY trade is 1.93798(current price) - 1.94445(open price) = -65 pip
5 trade(s) still open, therefore total profit for open trade(s) is -65 x 5 = -325 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateJune 12, 2022 - 22:33
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.86994, beginning of uptrend is expected.
  • We make sure when the resistance at 1.96214 breaks.
  • If the support at 1.86994 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 1.96005 on 06/09/2022, so more losses to support(s) 1.91648, 1.90476, 1.89429 and minimum to Major Support (1.86994) 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 51.

Take Profits:

  1. 1.96214
  2. 1.98427
  3. 2.02650
  4. 2.05278
  5. 2.10300
Click on the level to view price action history.