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 New Zealand Dollar / Canadian Dollar technical chart
Symbol NZDCAD

Download MT4 template file

Trading suggestion:

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

DateFebruary 8, 2020 - 22:04
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.84600, resumption of uptrend is expected.
  • We make sure when the resistance at 0.86300 breaks.
  • If the support at 0.84600 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.8630 on 02/04/2020, so more losses minimum to Major Support (0.8460) 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 35.

Supports and Resistances:

  1. 0.9920
  2. 0.9515
  3. 0.9260
  4. 0.9060
  5. 0.8920
  6. 0.8785
  7. 0.8700
  8. 0.8460
Click on the level to view price action history.