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 Euro / British Pound technical chart
Symbol EURGBP

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (0.8496 to 0.8469). 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 (0.8496)
  • Ending of entry zone (0.8469)

DateDecember 12, 2021 - 18:34
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.83820, resumption of uptrend is expected.
  • We make sure when the resistance at 0.86610 breaks.
  • If the support at 0.83820 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 0.8599 on 12/08/2021, so more losses to support(s) 0.8496, 0.8469, 0.8400 and minimum to Major Support (0.8382) 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 54.

Take Profits:

  1. 0.8687
  2. 0.8785
  3. 0.8860
  4. 0.8940
  5. 0.9000
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / British Pound (EURGBP) Sat, 23 Mar 2024
Euro / British Pound (EURGBP) Sun, 17 Mar 2024
Euro / British Pound (EURGBP) Sat, 9 Mar 2024
Euro / British Pound (EURGBP) Sat, 2 Mar 2024
Euro / British Pound (EURGBP) Sun, 25 Feb 2024