NZD (New Zealand Dollar)
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6535.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.658.
TP4: R2=0.6605.
Set the stoploss of these orders at breakout of S2=0.652.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.652.
In this situation, there is an expectation to reach the target S3=0.645.
Set the stoploss of reverse orders at breakout of S1=0.6535.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.652.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.656.
TP4: R2=0.6575.
Set the stoploss of these orders at breakout of S2=0.6505.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.6505.
In this situation, there is an expectation to reach the target S3=0.6435.
Set the stoploss of reverse orders at breakout of S1=0.652.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6495.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.654.
TP4: R2=0.657.
Set the stoploss of these orders at breakout of S2=0.648.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.648.
In this situation, there is an expectation to reach the target S3=0.641.
Set the stoploss of reverse orders at breakout of S1=0.6495.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
NZDUSD Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.6575.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=0.661.
TP4: R2=0.664.
Set the stoploss of these orders at breakout of S2=0.656.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=0.656.
In this situation, there is an expectation to reach the target S3=0.649.
Set the stoploss of reverse orders at breakout of S1=0.6575.
If you would like to trade in the next 24 hours , the intraday forecasts of ForecastCity will show you the most accurate and the most likely actions and swings of the market. Our intraday forecasts are available before those of all the other sites. Our intraday forecasts are available very early in the day. It is one of ForecastCity’s glorious and positive qualities. This quality has made us the first forecaster that forecast tomorrow for you!
ALL OF OUR INTRADAY FORECASTS ARE VALID FOR 24 HOURS FROM RELEASE TIME.
SHORT There is a great opportunity to sell in EURNZDMidterm forecast:
While the price is below the resistance 1.7820, beginning of downtrend is expected.
We make sure when the support at 1.7380 breaks.
If the resistance at 1.7820 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Trading suggestion:
Price is in the Trend Hunter Sell Zone (1.7480 to 1.7705).
We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (1.7480)
Ending of entry zone (1.7705)
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about " Entry signal " and special version of our " Price Action " strategy FOLLOW our lessons:
Technical analysis:
The RSI bounced from the resistance #1 at 80 and it prevented price from more gains.
The RSI uptrend #2 is broken, so the probability of beginning of downtrend is increased.
The RSI support #3 at 50 is broken, so the probability of beginning of downtrend is increased.
A peak is formed in daily chart at 1.7730 on 09/26/2018, so more losses to support(s) 1.7480 and minimum to Major Support (1.7380) 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 43.
Take Profits:
TP1 : @1.7380
TP2 : @1.7290
TP3 : @1.7185
TP4 : @1.7115
TP5 : @1.6965
TP6 : @1.6815
TP7 : @1.6565
TP8 : @1.6355
TP9 : @1.6180
TP10 : @1.5785
TP11 : @1.5255
TP12 : @1.4535
TP13 : @1.3875
TP14 : Free
A new opportunity in the trend of NZDCADMidterm Forecast:
There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.8785 would begin in Midterm.
We will close our open trades. if the Midterm level 0.8785 is broken.
Technical analysis:
While the RSI downtrend #1 is not broken, bearish wave in price would continue.
A peak is formed in the daily chart at 0.8825 on 08/08/2018, so more losses to support(s) 0.8400, 0.8310, 0.7965 and more depths is expected.
Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
Relative strength index (RSI) is 24.
Entry signal:
Signal to enter the market occurs when the price comes to " Sell zone " then forms one of the reversal patterns, whether " Shooting Star " or " Peak ", in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Trade Setup:
We opened 8 SELL trade(s) @ 0.9162 (day close price) based on 'Shooting Star' at 2018.06.22 signaled by DTO:
Total Profit: 2270 pip
Closed trade(s): 1744 pip Profit
Open trade(s): 526 pip Profit
Closed Profit:
TP1 @ 0.9110 touched at 2018.06.26 with 52 pip Profit.
TP2 @ 0.9065 touched at 2018.06.27 with 97 pip Profit.
TP3 @ 0.9000 touched at 2018.06.28 with 162 pip Profit.
TP4 @ 0.8930 touched at 2018.06.29 with 232 pip Profit.
TP5 @ 0.8860 touched at 2018.07.02 with 302 pip Profit.
TP6 @ 0.8785 touched at 2018.08.02 with 377 pip Profit.
TP7 @ 0.8640 touched at 2018.08.09 with 522 pip Profit.
52 + 97 + 162 + 232 + 302 + 377 + 522 = 1744 pip
Open Profit:
Profit for one trade is 0.9162(open price) - 0.8636(current price) = 526 pip
1 trade(s) still open, therefore total profit for open trade(s) is 526 x 1 = 526 pip
Take Profits:
TP1= @ 0.9110
TP2= @ 0.9065
TP3= @ 0.9000
TP4= @ 0.8930
TP5= @ 0.8860
TP6= @ 0.8785
TP7= @ 0.8640
TP8= Free
There is a great opportunity to sell in EURNZDMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast an uptrend wave above 1.7115 would begin in Midterm.
Trading suggestion:
Price is in the Sell Zone (1.7295 to 1.7480).
We would set sell orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (1.7295)
Ending of entry zone (1.7480)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A peak is formed in daily chart at 1.7485 on 08/10/2018, so more losses to support(s) 1.7295 and minimum to Major Support (1.7115) 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 60.
Take Profits:
TP1 = @1.7115
TP2 = @1.6965
TP3 = @1.6815
TP4 = @1.6565
TP5 = @1.6355
TP6 = @1.6205
TP7 = @1.6010
TP8 = @1.5655
TP9 = @1.5255
TP10 = @1.4535
TP11 = @1.3875
TP12 = Free
Like audusdIt is a beautiful range sandwiched between Pivot Points.
It will be a simple point of trying to short.
<< tactics >>
1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry.
The first limit is WePP (P) 0.67879
The second limit is WePP (S1) 0.67351
2) If you penetrate MPP (P) upwards, wait for a long entry opportunity.
Please note that WePP will be updated on Monday.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
The same way as last timeIf YPP (P) 1.08720 functions as a support line, think long.
The first limit is WePP (R1) 1.09559
The second limit is 1.10000
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
A new opportunity to Sell in NZDCADMidterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of downtrend.
Technical analysis:
.While the RSI resistance #1 at 73 is not broken, the probability of price increase would be too low.
.A peak is formed in daily chart at 0.9160 on 06/08/2018, so more losses to support(s) 0.9110, 0.9065, 0.9000 and more depths 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.
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (0.9170 to 0.9240), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.9170)
Ending of entry zone (0.9240)
Entry signal:
Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak", in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.9110
TP2= @ 0.9065
TP3= @ 0.9000
TP4= @ 0.8930
TP5= @ 0.8860
TP6= @ 0.8785
TP7= @ 0.8640
TP8= @ Free
Is it a worrising move, discipline priority?<< tactics >>
If YPP (S1) functions as a support line, think of a long.
The first limit is WePP (P) 0.6800
The second limit is WePP (R1) 0.68411
Since it is a weekend, be careful that WePP will update on Monday.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
Is YPP (S1) a turning point for a range break?Unlike AUD, it is NZDUSD which is completely invisible to down trend when looking at the weekly stick.
weekly
The current position is a difficult place to hit the YPP (S1) and the trend line.
Because it is a range market, I'd like to think about long at the bottom of the range.
However, as far as EMA is seen, the closest direction is down.
Therefore, long entry is a difficult place.
Unfortunately, I have not been able to trade so much this week, but I will also check off this time.
I will wait for a chance of a short.
<< tactics >>
1-1) MPP (P) rose to 0.68568. It acted as a resistance line.
short.
The first limit is decided by referring to the WePP of the next week.
The second limit is on YPP (S1) 0.67273.
1-2) MPP (P) rose to 0.68568. It penetrated it.
If it functions as a support line, think of a long.
2-1) YPP (S1) 0.67273 penetrated downward. That worked as a support line.
short.
The first limit is MPP (S1) 0.66538
The second limit is above WePP in the next week above MPP (S2)0.65331.
2-2) penetrated below YPP (S1) 0.67273. It reached MPP (S2) as it was.
Wait for a short entry point.
I would be grateful if you like it idea,give me follow or agrees!
------------------------- --------------------------
Brown thick line: Yearly Pivot Points (YPP in the text)
Light blue thick line: Monthly Pivot Points (MPP in the text)
Green thin line: Weekly Pivot Points (WePP in the text)
Indigo thick line: Horizontal line or Trend line seen by weekly or monthly
Indigo thin line: Horizontal line or Trend line seen by 4hourly or daily
Indigo dotted line: outstanding round number.
Red thick line: Untrustworthy line for me
Red curve: EMA 20 close
Indigo curve: EMA 200 close
Green curve: EMA 800 close
Black curve: EMA 1600 close
x mark: Line which may not function
------------------------- --------------------------
i am in based on only momentum lets see.this one i looked for sell at 4h 1d but i noticed the weakness of sellers above the breach area of 4 h guys . so i jumped to
lower timeframe to trade this one 4h 1h buy . spot the money spot only . but only i worried about the v formation becz . the v is not good .
1h ttf
Weekly analysis: another opportunity To Sell in NZDUSDNew trading suggestion:
*The price is in a downtrend and we forecast the downtrend would continue.
*There is still a possibility of temporary retracement to suggested resistance line(0.6820). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Resistance line" then forms one of the reversal patterns, whether "Shooting Star" or "Peak" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Midterm forecast:
0.6820 is a major resistance, while this level is not broken, the Midterm wave will be downtrend.
Technical analysis:
. While the RSI downtrend #1 is not broken, bearish wave in price would continue.
. A peak is formed in the daily chart at 0.6920 on 06/25/2018, so more losses to support(s) 0.6620, 0.6430, 0.6245 and more depths is expected.
. Price is below WEMA21, if price rises more, this line can act as a dynamic resistance against more gains.
. Relative strength index (RSI) is 30.
Trade Setup:
We opened 13 SELL trade(s) @ 0.7351 (day close price) based on 'Two-day reversal candle ( Shooting Star )' at 2018.04.13
Total Profit: 5635 pip
Closed trade(s): 1561 pip Profit
Open trade(s): 4074 pip Profit
Closed Profit:
TP1 @ 0.7305 touched at 2018.04.18 with 46 pip Profit.
TP2 @ 0.7240 touched at 2018.04.20 with 111 pip Profit.
TP3 @ 0.7175 touched at 2018.04.23 with 176 pip Profit.
TP4 @ 0.7055 touched at 2018.04.27 with 296 pip Profit.
TP5 @ 0.6950 touched at 2018.05.09 with 401 pip Profit.
TP6 @ 0.6820 touched at 2018.06.27 with 531 pip Profit.
46 + 111 + 176 + 296 + 401 + 531 = 1561 pip
Open Profit:
Profit for one trade is 0.7351(open price) - 0.6769(current price) = 582 pip
7 trade(s) still open, therefore total profit for open trade(s) is 582 x 7 = 4074 pip
Open Profit:
TP7= @0.6620
TP8= @0.6430
TP9= @0.6245
TP10= @0.5930
TP11= @0.5485
TP12= @0.4900
TP13= Free
Another trading opportunity to sell in NZDCAD.Midterm forecast:
There is no trend in the market and the price is in a range bound, but we forecast resumption of downtrend.
Technical analysis:
While the RSI resistance #1 at 60 is not broken, the probability of price increase would be too low.
A trough is formed in the daily chart at 0.8785 on 05/17/2018, so more gains maximum to Trend Hunter Sell Zone (0.9110 to 0.9170) is expected.
Price is above WEMA21, if the price drops more, this line can act as dynamic support against more losses.
Relative strength index (RSI) is 56.
Trading suggestion:
There is a possibility of temporary retracement to suggested Sell Zone (0.9110 to 0.9170). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.9110)
Ending of entry zone (0.9170)
Entry signal:
Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @0.9000
TP2= @ 0.8930
TP3= @ 0.8860
TP4= @ 0.8785
TP5= @ 0.8640
TP6= Free
[New Chart]: There is a new opportunity to sell in GBPNZD...Midterm forecast:
While the price is below the resistance 1.9965, beginning of downtrend is expected.
We make sure when the support at 1.9350 breaks.
If the resistance at 1.9965 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Price may also reach 1.9350, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry is not according to Trend Hunter Strategy, and depends on personal strategies.
Technical analysis:
A peak is formed in daily chart at 1.9755 on 04/26/2018, so more losses to support(s) 1.9350, 1.9210, 1.9095 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 51.
Trading suggestion:
There is possibility of temporary retracement to suggested Sell Zone (1.9640 to 1.9835), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (1.9640)
Ending of entry zone (1.9835)
Entry signal:
Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 1.9350
TP2= @ 1.9210
TP3= @ 1.9095
TP4= @ 1.8930
TP5= @ 1.8785
TP6= @ 1.8640
TP7= @ 1.8270
TP8= @ 1.7900
TP9= @ 1.7440
TP10= @ 1.6705
TP11= Free
A New Trading Opportunity To Sell. TP4 hit.....New trading suggestion:
*The price is in a down trend and we forecast the down trend would continue.
*There is still possibility of temporary retracement to suggested resistance line(0.71750), if so, traders can set orders based on Price Action and expect to reach short-term targets.
Entry signal:
Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Trade Setup:
We opened 13 SELL trade(s) @ 0.7351 (day close price) based on 'Two-day reversal candle ( Shooting Star )' at 2018.04.13
Closed Profit:
TP1= @0.7305
TP2= @0.7240
TP3= @0.7175
TP4= @0.7055
Open Profit:
TP5= @0.6950
TP6= @0.6820
TP7= @0.6620
TP8= @0.6430
TP9= @0.6245
TP10= @0.5930
TP11= @0.5485
TP12= @0.4900
TP13= Free
Midterm forecast:
While the price is below the resistance 0.7560, resumption of downtrend is expected.
Price may also reach 0.7175, if price reaches this level, we may enter by Daily-Trading-Opportunities, this entry depends on personal strategies.
Technical analysis:
A peak is formed in daily chart at 0.7395 on 04/13/2018, 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 28.