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 / Singapore Dollar technical chart
Symbol NZDSGD
Trade Setup

#NZDSGD
Total Loss: 1072 pip
Closed trade(s): 1072 pip Loss

Trade Setup:
We opened 8 BUY trades @ 0.85547 based on 'Valley' entry method at 2022-09-02.

Closed Loss:
SL @ 0.84207 touched at 2022-09-13 with 1072 pip Loss.
Loss for one BUY trade is 0.85547(open price) - 0.84207(close price) = 134 pip
Therefore total loss for trades is 134 x 8 = 1072 pip

Trading suggestion:

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

DateSeptember 25, 2022 - 13:51
Currentdowntrend
Forecastcontinuation of downtrend

Midterm forecast:

  • 0.84740 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.

Technical analysis:

  • A trough is formed in daily chart at 0.84710 on 09/02/2022, so more gains to resistance(s) 0.82800, 0.83655 and maximum to Major Resistance (0.84740) 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 24.

Supports and Resistances:

  1. 0.94691
  2. 0.92729
  3. 0.91180
  4. 0.90101
  5. 0.88291
  6. 0.87200
  7. 0.86362
Click on the level to view price action history.