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 / US Dollar technical chart
Symbol NZDUSD

Download MT4 template file

Trade Setup

#NZDUSD
Total Profit: 763 pip
Closed trade(s): 37 pip Profit
Open trade(s): 726 pip Profit

Trade Setup:
We opened 12 SELL trade(s) @ 0.7277 (day close price) based on 'Peak' at 2018.03.15 signaled by DTO:
https://www.ForecastCity.com/forecasts/Forex/daily-trading-opportunity/N...

Closed Profit:
TP1 @ 0.7240 touched at 2018.03.16 with 37 pip Profit.

Open Profit:
Profit for one trade is 0.7277(open price) - 0.7211(current price) = 66 pip
11 trade(s) still open, therefore total profit for open trade(s) is 66 x 11 = 726 pip

Trading suggestion:

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

DateMarch 18, 2018 - 16:09
Currentrange bound
Forecastresumption of downtrend

Midterm forecast:

  • While the price is below the resistance 0.75600, resumption of downtrend is expected.
  • We make sure when the support at 0.71750 breaks.
  • If the resistance at 0.75600 is broken, the short-term forecast -resumption of downtrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.7355 on 03/13/2018, so more losses to support(s) 0.7175, 0.7055, 0.6950 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 42.

Take Profits:

  1. 0.7240
  2. 0.7175 ✔(2018-03-20)
  3. 0.7055
  4. 0.6950
  5. 0.6820
  6. 0.6620
  7. 0.6430
  8. 0.6245
  9. 0.5930
  10. 0.5485
  11. 0.4900
Click on the level to view price action history.