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

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.6500 to 0.6430). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

  • Beginning of entry zone (0.6500)
    • Trough on 09/11/2018
    • Support on 09/11/2018
    • Support on 09/12/2018
    • Resistance on 10/10/2018
    • Support on 10/25/2018
    • Support on 10/26/2018
  • Ending of entry zone (0.6430)
    • Support on 08/24/2015
    • Support on 08/25/2015
    • Support on 08/26/2015
    • Support on 08/27/2015
    • Support on 08/28/2015
    • Resistance on 09/09/2015
    • Resistance on 09/17/2015
    • Resistance on 09/18/2015
    • Resistance on 10/01/2015
    • Support on 10/05/2015
    • Support on 11/18/2015
    • Support on 01/14/2016
    • Support on 01/15/2016
    • Support on 01/26/2016
    • Support on 01/27/2016
    • Support on 01/28/2016
    • Support on 10/05/2018
    • Support on 10/08/2018
    • Support on 10/09/2018

DateMay 18, 2019 - 22:26
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 0.64300, beginning of uptrend is expected.
  • We make sure when the resistance at 0.69400 breaks.
  • If the support at 0.64300 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A peak is formed in daily chart at 0.6685 on 04/30/2019, so more losses to support(s) 0.6500 and minimum to Major Support (0.6430) 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 29.

Take Profits:

  1. 0.6560
  2. 0.6635
  3. 0.6685
  4. 0.6775
  5. 0.6850
  6. 0.6940
  7. 0.7175
  8. 0.7435
  9. 0.7560
Click on the level to view price action history.