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 Eidoo technical chart
Symbol EDOUSD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.2790 to 0.2325). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

While the price is below the level 0.371, the probability of continuation of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 0.371 and expect to reach short-term targets.

  • Beginning of entry zone (0.2790)
    • Support on 09/05/2019
    • Support on 09/12/2019
    • Support on 09/13/2019
    • Support on 09/14/2019
    • Support on 09/15/2019
    • Support on 09/24/2019
    • Support on 09/25/2019
    • Support on 09/26/2019
    • Support on 09/27/2019
    • Support on 10/11/2019
    • Support on 10/18/2019
    • Support on 10/19/2019
    • Support on 10/20/2019
    • Support on 10/22/2019
    • Support on 10/26/2019
    • Support on 10/27/2019
    • Support on 10/28/2019
    • Support on 10/30/2019
    • Support on 10/31/2019
    • Support on 11/01/2019
    • Support on 11/08/2019
    • Support on 11/19/2019
    • Support on 11/20/2019
    • Resistance on 12/08/2019
    • Resistance on 12/16/2019
    • Resistance on 02/16/2020
    • Resistance on 02/19/2020
    • Support on 05/28/2020
    • Support on 05/29/2020
    • Trough on 11/05/2020
    • Support on 11/05/2020
  • Ending of entry zone (0.2325)
    • Support on 11/21/2019
    • Support on 11/27/2019
    • Support on 11/28/2019
    • Support on 12/01/2019
    • Support on 12/02/2019
    • Support on 12/03/2019
    • Support on 12/08/2019
    • Support on 12/09/2019
    • Resistance on 12/16/2019
    • Resistance on 12/17/2019
    • Resistance on 02/07/2020
    • Resistance on 02/08/2020
    • Resistance on 02/09/2020
    • Resistance on 02/10/2020
    • Resistance on 02/24/2020
    • Resistance on 05/13/2020
    • Resistance on 05/15/2020
    • Resistance on 05/22/2020
    • Resistance on 05/23/2020

DateApril 4, 2021 - 14:11
Currentuptrend
Forecastcontinuation of uptrend

Midterm forecast:

  • 1.8315 is a major support, while this level is not broken, the Midterm wave will be uptrend.

Technical analysis:

  • While the RSI support #1 at 40 is not broken, the probability of price decrease would be too low.
  • A trough is formed in daily chart at 1.8315 on 03/25/2021, so more gains to resistance(s) 3.5300, 4.3185, 5.4400 and more heights 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 64.

Take Profits:

  1. 0.4775
  2. 0.5785
  3. 0.7255
  4. 0.8230
  5. 1.0330
  6. 1.3680
  7. 2.7205
  8. 3.5300
  9. 6.8690
Click on the level to view price action history.

Symbol Released Current Forecast
Eidoo (EDOUSD) Sun, 19 Sep 2021
Eidoo (EDOUSD) Sun, 12 Sep 2021
Eidoo (EDOUSD) Sun, 5 Sep 2021
Eidoo (EDOUSD) Sat, 28 Aug 2021
Eidoo (EDOUSD) Sat, 21 Aug 2021