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

Trade Setup

#AUDUSD
Total Profit: 2505 pip
Closed trade(s): 464 pip Profit
Open trade(s): 2041 pip Profit
_______________________________________________
Trade Setup:
We opened 16 BUY trade(s) @ 0.6907 (day close price) based on 'Hammer' at 2016.01.20 signaled by DTO:
http://ForecastCity.com/forecasts/Forex/daily-trading-opportunity/AUDUSD...

Closed Profit:
TP1 @ 0.6940 touched at 2016.01.21 with 33 pip Profit.
TP2 @ 0.7015 touched at 2016.01.21 with 108 pip Profit.
TP3 @ 0.7230 touched at 2016.02.04 with 323 pip Profit.
33 + 108 + 323 = 464 pip

Open Profit:
Profit for one trade is 0.7064(current price) - 0.6907(open price) = 157 pip
13 trade(s) still open, therefore total profit for open trade(s) is 157 x 13 = 2041 pip
_______________________________________________

#AUDUSD
Total Profit: -4082 pip
Closed trade(s): 0 pip Profit
Open trade(s): -4082 pip Profit
_______________________________________________
Trade Setup:
We opened 13 BUY trade(s) @ 0.7378 (day close price) based on 'Hammer' at 2015.08.12 signaled by DTO:
http://ForecastCity.com/forecasts/Forex/daily-trading-opportunity/AUDUSD...

Open Profit:
Profit for one trade is 0.7064(current price) - 0.7378(open price) = -314 pip
13 trade(s) still open, therefore total profit for open trade(s) is -314 x 13 = -4082 pip
_______________________________________________

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.6850 to 0.6770). 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 (0.6850)
    • Support on 01/20/2016
    • Support on 01/19/2016
    • Support on 01/18/2016
    • Support on 01/15/2016
    • Support on 04/01/2009
    • Support on 03/27/2009
    • Support on 03/20/2009
    • Resistance on 02/09/2009
    • Resistance on 01/19/2009
    • Support on 12/31/2008
    • Support on 12/30/2008
    • Support on 12/18/2008
    • Support on 12/17/2008
    • Resistance on 11/06/2008
    • Resistance on 11/03/2008
    • Resistance on 10/31/2008
    • Resistance on 10/30/2008
    • Resistance on 10/22/2008
    • Support on 10/20/2008
    • Support on 10/17/2008
    • Resistance on 10/10/2008
    • Resistance on 10/09/2008
    • Support on 09/09/2004
    • Support on 06/23/2004
    • Support on 06/22/2004
    • Support on 06/16/2004
    • Support on 06/15/2004
    • Support on 06/14/2004
    • Support on 06/10/2004
    • Support on 06/03/2004
    • Support on 05/19/2004
    • Support on 05/18/2004
    • Support on 05/17/2004
    • Support on 05/14/2004
    • Support on 05/13/2004
    • Support on 10/16/2003
    • Support on 10/15/2003
    • Support on 10/14/2003
    • Support on 10/13/2003
    • Support on 10/07/2003
    • Resistance on 10/03/2003
    • Resistance on 09/30/2003
    • Resistance on 07/07/2003
  • Ending of entry zone (0.6770)
    • Support on 03/31/2009
    • Support on 03/30/2009
    • Support on 03/19/2009
    • Resistance on 02/06/2009
    • Resistance on 01/16/2009
    • Support on 01/12/2009
    • Support on 12/26/2008
    • Support on 12/24/2008
    • Support on 12/23/2008
    • Support on 12/19/2008
    • Support on 12/18/2008
    • Resistance on 12/11/2008
    • Resistance on 11/11/2008
    • Resistance on 11/07/2008
    • Support on 11/05/2008
    • Resistance on 11/03/2008
    • Resistance on 10/29/2008
    • Resistance on 10/24/2008
    • Support on 10/17/2008
    • Support on 10/13/2008
    • Support on 06/18/2004

DateFebruary 6, 2016 - 11:11
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast beginning of uptrend.

Technical analysis:

  • A peak is formed in daily chart at 0.7240 on 02/05/2016, so more losses to support(s) 0.7015, 0.6940 and minimum to Trend Hunter Buy Zone (0.6850 to 0.6770) 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 49.

Take Profits:

  1. 0.6940
  2. 0.7015
  3. 0.7230
  4. 0.7380
  5. 0.7535
  6. 0.7625
  7. 0.7740
  8. 0.7915
  9. 0.8065
  10. 0.8205
  11. 0.8545
  12. 0.8660
  13. 0.8865
  14. 0.9035
  15. 0.9415
Click on the level to view price action history.