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 / US Dollar technical chart
Symbol EURUSD
Trade Setup

#EURUSD
Total Profit: 414 pip
Closed trade(s): 0 pip Profit
Open trade(s): 414 pip Profit

Trade Setup:
We opened 9 BUY trades @ 1.05084 based on 'Valley' entry method at 2022-06-20.

Open Profit:
Profit for one BUY trade is 1.05541(current price) - 1.05084(open price) = 46 pip
9 trade(s) still open, therefore total profit for open trade(s) is 46 x 9 = 414 pip

Trading suggestion:

  • We have already opened Buy trades, based on Trend Hunter Strategy, trade setup is drawn on the chart and shows entry and targets.

DateJune 25, 2022 - 13:46
Currentrange bound
Forecastbeginning of uptrend

Midterm forecast:

  • While the price is above the support 1.03500, beginning of uptrend is expected.
  • We make sure when the resistance at 1.07850 breaks.
  • If the support at 1.03500 is broken, the short-term forecast -beginning of uptrend- will be invalid.

Technical analysis:

  • The double bottoms taking shape.
  • A trough is formed in daily chart at 1.03585 on 06/15/2022, so more gains to resistance(s) 1.06250 and maximum to Major Resistance (1.07850) 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 48.

Take Profits:

  1. 1.06250
  2. 1.07850
  3. 1.09485
  4. 1.11850
  5. 1.14620
  6. 1.16909
  7. 1.19105
  8. 1.22650
Click on the level to view price action history.

Symbol Released Current Forecast
Euro / US Dollar (EURUSD) Sat, 23 Mar 2024
Euro / US Dollar (EURUSD) Sun, 17 Mar 2024
Euro / US Dollar (EURUSD) free Sat, 9 Mar 2024
Euro / US Dollar (EURUSD) Sat, 2 Mar 2024
Euro / US Dollar (EURUSD) Sun, 25 Feb 2024