Euro vs Hryvnia price forecast: ₴50.67–₴50.82 range as EUR/UAH trades flat

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Euro vs Hryvnia gains 0.52% today

Highlights

EUR/UAH trades with bullish momentum across short-, medium-, and long-term horizons, staying above key moving averages.
Mixed daily momentum signals reflect divergence between persistent buyer dominance and softening underlying momentum indicators.
Pair likely consolidates between ₴50.67–₴50.82 this week, with over 80% probability of further upside as higher timeframe indicators remain strongly bullish.

Mixed signals cap upside as momentum indicators diverge

The EUR/UAH pair remains positioned above its key short- and medium-term moving averages (SMA-20 at ₴50.6270, SMA-50 at ₴50.7680), and well above the SMA-200 at ₴49.7941, reflecting persistent upside momentum. Immediate support is found at the Ichimoku Kijun level of ₴50.5927. Technical indicators send mixed signals: MACD (D1) points to a strong sell, but the ADX at 14.78 suggests trend strength is limited. Meanwhile, RSI (55.06) and CCI (30.19) are neutral, Stoch RSI is overheated at 100, and BBP (0.36) underlines short-term buyer dominance, as the pair trades near the day’s highs with moderate volatility. The AO remains negative but does not confirm significant downside.

Consolidation favored as trend signals limit downside risk

For the coming week, EUR/UAH is expected to consolidate in a typical volatility band between ₴50.67 and ₴50.82. A sustained move above ₴50.82 would indicate a bullish extension, while a drop under ₴50.67 could open the way for losses, though this appears unlikely given the strength of bullish signals on higher timeframes. Consolidation in a tight range is considered the baseline outcome. The probability of further upside exceeds 80% based on multi-timeframe trend alignment.

Viktoras Karapetjanc, expert at Traders Union, notes that EUR/UAH demonstrates impressive resilience above all its key moving averages. He sees ongoing bullish momentum, supported by a decisive trend alignment on higher timeframes. While short-term technicals are mixed, overall risk appetite and price structure point to further gains. Karapetjanc expects the pair to consolidate within ₴50.67–₴50.82 but sees strong odds of upside continuation. "As long as EUR/UAH holds above ₴50.67, I expect bulls to remain firmly in control," he says.

Earlier, analysts noted that the euro’s advance against the hryvnia was underpinned by broader bullish momentum despite intermittent short-term selling pressure. With the pair now demonstrating firm multi-timeframe strength and buyer control, traders should remain alert for a breakout above ₴50.82 as the next potential catalyst for sustained gains.

Source of Data: EUR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.