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

Download MT4 template file

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateJanuary 23, 2021 - 20:54
Currentrange bound
Forecastresumption of uptrend

Midterm forecast:

  • While the price is above the support 0.88600, resumption of uptrend is expected.
  • We make sure when the resistance at 0.93250 breaks.
  • If the support at 0.88600 is broken, the short-term forecast -resumption of uptrend- will be invalid.

Technical analysis:

  • While the RSI downtrend #1 is not broken, bearish wave in price would continue.
  • A trough is formed in daily chart at 0.8830 on 01/20/2021, so more gains to resistance(s) 0.8940, 0.9000, 0.9070 and maximum to Major Resistance (0.9325) 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 42.

Supports and Resistances:

  1. 0.9500
  2. 0.9325
  3. 0.9000
  4. 0.8940
  5. 0.8860
  6. 0.8785
  7. 0.8670
  8. 0.8590
  9. 0.8460
  10. 0.8275
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