Midterm forecast: - While the price is below the resistance 72.700, beginning of downtrend is expected.
- We make sure when the support at 64.000 breaks.
- If the resistance at 72.700 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - While the RSI support #1 at 49 is not broken, the probability of price decrease would be too low.
- A peak is formed in daily chart at 74.70 on 04/25/2019, so more losses to support(s) 70.35, 68.50, 67.00 and minimum to Major Support (64.00) 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: - 70.35
- Support on 04/16/2019
- Support on 04/15/2019
- Support on 04/11/2019
- Support on 04/10/2019
- Support on 04/09/2019
- Support on 04/08/2019
- Resistance on 04/05/2019
- Support on 08/15/2018
- Support on 04/17/2018
- Support on 04/11/2018
- Resistance on 03/27/2018
- Resistance on 03/26/2018
- Resistance on 01/26/2018
- Resistance on 01/24/2018
- 68.50
- Resistance on 03/21/2019
- Resistance on 03/20/2019
- Resistance on 04/09/2018
- Resistance on 04/06/2018
- Support on 03/29/2018
- Support on 03/28/2018
- Support on 03/23/2018
- Support on 01/18/2018
- Support on 01/17/2018
- Support on 01/16/2018
- Support on 01/12/2018
- Resistance on 05/13/2015
- Resistance on 05/07/2015
- Resistance on 05/06/2015
- Resistance on 05/05/2015
- 67.00
- Support on 03/29/2019
- Support on 03/28/2019
- Support on 03/27/2019
- Support on 03/20/2019
- Resistance on 03/12/2019
- Resistance on 03/07/2019
- Resistance on 03/01/2019
- Resistance on 02/27/2019
- Resistance on 02/18/2019
- Resistance on 11/20/2018
- Support on 11/19/2018
- Support on 04/09/2018
- Support on 04/04/2018
- Resistance on 01/02/2018
- Resistance on 12/29/2017
- Resistance on 06/10/2015
- Resistance on 05/22/2015
- Resistance on 05/21/2015
- Support on 05/13/2015
- 66.05
- Support on 03/28/2019
- Support on 03/25/2019
- Support on 03/22/2019
- Support on 03/15/2019
- Resistance on 03/08/2019
- Support on 02/28/2019
- Support on 02/20/2019
- Support on 11/19/2018
- Support on 11/16/2018
- Support on 11/15/2018
- Resistance on 03/19/2018
- Resistance on 03/16/2018
- Resistance on 03/06/2018
- Support on 02/27/2018
- Resistance on 02/22/2018
- Resistance on 06/03/2015
- Resistance on 06/02/2015
- Resistance on 06/01/2015
- Resistance on 05/29/2015
- Resistance on 05/26/2015
- Support on 05/18/2015
- Support on 05/15/2015
- 64.00
- Support on 03/08/2019
- Resistance on 02/13/2019
- Resistance on 12/07/2018
- Resistance on 11/22/2018
- Resistance on 11/21/2018
- Support on 03/14/2018
- Support on 03/13/2018
- Support on 03/12/2018
- Support on 03/07/2018
- Support on 03/05/2018
- Support on 03/02/2018
- Support on 03/01/2018
- Support on 02/16/2018
- Support on 02/15/2018
- Support on 02/08/2018
- Resistance on 12/13/2017
- Resistance on 12/01/2017
- 62.35
- Resistance on 02/11/2019
- Resistance on 02/08/2019
- Resistance on 01/31/2019
- Resistance on 01/30/2019
- Resistance on 01/23/2019
- Resistance on 01/11/2019
- Resistance on 12/10/2018
- Resistance on 12/07/2018
- Resistance on 12/05/2018
- Resistance on 12/04/2018
- Resistance on 12/03/2018
- Support on 11/22/2018
- Support on 11/20/2018
- Support on 02/14/2018
- Support on 02/12/2018
- Support on 02/09/2018
- Support on 12/05/2017
- Support on 12/04/2017
- Support on 11/30/2017
- Support on 11/29/2017
- 59.00
- Support on 01/15/2019
- Support on 01/14/2019
- Support on 01/09/2019
- Resistance on 01/08/2019
- Resistance on 01/07/2019
- Support on 12/07/2018
- Support on 12/06/2018
- Support on 11/30/2018
- Support on 11/29/2018
- Support on 11/28/2018
- Support on 11/27/2018
- Support on 11/26/2018
- Support on 11/23/2018
- Support on 10/27/2017
- 55.05
- Resistance on 01/02/2019
- Resistance on 12/31/2018
- Resistance on 12/27/2018
- Resistance on 12/24/2018
- Support on 10/09/2017
- Support on 10/06/2017
- Support on 09/20/2017
- Resistance on 09/13/2017
- Support on 04/18/2017
- Resistance on 04/06/2017
- Resistance on 04/05/2017
- Support on 03/03/2017
- Support on 03/02/2017
- Support on 01/31/2017
- Support on 01/30/2017
- Support on 01/27/2017
- Support on 01/25/2017
- Support on 01/23/2017
- Support on 12/23/2016
- Support on 12/22/2016
- Support on 12/21/2016
- Resistance on 12/15/2016
- 50.25
- Support on 12/26/2018
- Support on 08/15/2017
- Resistance on 07/20/2017
- Resistance on 06/07/2017
- Support on 06/01/2017
- Support on 05/31/2017
- Support on 05/03/2017
- Support on 05/02/2017
- Support on 03/27/2017
- Support on 03/23/2017
- Support on 03/22/2017
- Support on 03/14/2017
- Resistance on 11/24/2016
- Resistance on 11/23/2016
- Support on 10/28/2016
- Resistance on 09/30/2016
- Resistance on 09/29/2016
- Resistance on 09/08/2016
- Resistance on 08/26/2016
- Resistance on 08/24/2016
- Resistance on 08/23/2016
- Resistance on 08/17/2016
- Resistance on 06/29/2016
- Support on 06/10/2016
- Support on 06/07/2016
- Resistance on 06/03/2016
- Resistance on 06/02/2016
- Resistance on 05/26/2016
- Resistance on 11/02/2015
- Resistance on 10/30/2015
- Support on 10/16/2015
- Support on 10/12/2015
- Resistance on 10/05/2015
- Resistance on 10/01/2015
- Resistance on 09/23/2015
- Resistance on 09/17/2015
- Resistance on 09/16/2015
- Resistance on 09/09/2015
- Resistance on 09/08/2015
- Resistance on 09/07/2015
- Resistance on 08/07/2015
- Resistance on 01/22/2015
- Resistance on 01/19/2015
- Resistance on 01/16/2015
- Resistance on 01/15/2015
Click on the level to view price action history. |