Languages

website utilities


Follow us:
+1 (646) 48 000 22 (New York, USA)

Trend Hunter performance since 2015 for this symbol

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 Euro vs. British Pound technical chart
Symbol EURGBP

Download MT4 template file

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Sell Zone (0.9150 to 0.9190). 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 (0.9150)
    • Resistance on 08/18/2017
    • Support on 09/01/2017
    • Resistance on 08/01/2019
    • Resistance on 08/02/2019
    • Support on 08/15/2019
    • Resistance on 08/22/2019
    • Resistance on 09/03/2019
  • Ending of entry zone (0.9190)
    • Support on 08/24/2017
    • Support on 08/25/2017
    • Support on 08/30/2017
    • Support on 08/31/2017
    • Resistance on 09/07/2017
    • Resistance on 09/08/2017
    • Resistance on 07/30/2019
    • Resistance on 08/16/2019
    • Resistance on 08/20/2019

DateSat, 09/14/2019 - 20:01
Currentrange bound
Forecastbeginning of downtrend
Last weekBearish

Midterm forecast:

  • There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 0.9325 would begin in Midterm.

Technical analysis:

  • The RSI bounced from the downtrend #1 and it prevented price from more gains.
  • A peak is formed in daily chart at 0.9325 on 08/12/2019, so more losses to support(s) 0.8725, 0.8620, 0.8490 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 34.

Take Profits:

  1. 0.9095
  2. 0.9000
  3. 0.8895
  4. 0.8725
  5. 0.8490
Click on the level to view price action history.

Symbol Released Current Forecast
Euro vs. British Pound (EURGBP) new Sat, 19 Oct 2019
Euro vs. British Pound (EURGBP) free Sat, 12 Oct 2019
Euro vs. British Pound (EURGBP) Sat, 5 Oct 2019
Euro vs. British Pound (EURGBP) Sat, 28 Sep 2019
Euro vs. British Pound (EURGBP) Sat, 21 Sep 2019