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 Australian Dollar / US Dollar technical chart
Symbol AUDUSD

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (0.7860 to 0.8005). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

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

  • Beginning of entry zone (0.7860)
    • Resistance on 02/03/2015
    • Resistance on 02/04/2015
    • Resistance on 02/06/2015
    • Resistance on 03/04/2015
    • Resistance on 03/26/2015
    • Resistance on 04/27/2015
    • Support on 04/30/2015
    • Support on 05/08/2015
    • Support on 05/20/2015
    • Support on 05/21/2015
    • Support on 08/09/2017
    • Support on 08/10/2017
    • Support on 08/11/2017
    • Resistance on 08/15/2017
    • Support on 08/24/2017
    • Support on 09/26/2017
    • Resistance on 10/17/2017
    • Resistance on 10/18/2017
    • Resistance on 01/09/2018
    • Resistance on 01/10/2018
    • Support on 01/12/2018
    • Support on 02/06/2018
    • Resistance on 02/22/2018
    • Resistance on 02/26/2018
    • Resistance on 02/27/2018
    • Support on 02/22/2021
    • Support on 02/25/2021
  • Ending of entry zone (0.8005)
    • Resistance on 07/26/2017
    • Resistance on 07/27/2017
    • Resistance on 07/28/2017
    • Resistance on 07/31/2017
    • Resistance on 08/01/2017
    • Resistance on 09/05/2017
    • Resistance on 09/06/2017
    • Support on 09/12/2017
    • Resistance on 09/18/2017
    • Resistance on 01/17/2018
    • Resistance on 01/18/2018
    • Resistance on 01/19/2018
    • Support on 01/25/2018
    • Support on 01/26/2018
    • Support on 02/01/2018
    • Peak on 02/25/2021
    • Resistance on 02/25/2021

DateFebruary 28, 2021 - 13:11
Currentrange bound
Forecastbeginning of downtrend

Midterm forecast:

  • While the price is below the resistance 0.80050, beginning of downtrend is expected.
  • We make sure when the support at 0.75650 breaks.
  • If the resistance at 0.80050 is broken, the short-term forecast -beginning of downtrend- will be invalid.

Technical analysis:

  • There is a divergence in RSI and price between the peak at 0.78195 on 2021-01-06 and the peak at 0.80065 on 2021-02-25, the probability of uptrend continuation is decreased and the probability of beginning of downtrend is increased.
  • The RSI support #1 at 51 is broken, so the probability of beginning of downtrend is increased.
  • A peak is formed in daily chart at 0.8005 on 02/25/2021, so more losses to support(s) 0.7655 and minimum to Major Support (0.7565) 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 45.

Take Profits:

  1. 0.7655
  2. 0.7565
  3. 0.7415
  4. 0.7225
  5. 0.6990
  6. 0.6825
  7. 0.6685
Click on the level to view price action history.