Midterm forecast: - While the price is below the resistance 1.08650, continuation of downtrend is expected.
- We make sure when the support at 1.05350 breaks.
- If the resistance at 1.08650 is broken, the short-term forecast -continuation of downtrend- will be invalid.
Technical analysis: - The RSI uptrend #1 is broken, so the probability of continuation of downtrend is increased.
- While the RSI resistance #2 at 55 is not broken, the probability of price increase would be too low.
- A peak is formed in daily chart at 1.0845 on 09/30/2020, so more losses to support(s) 1.0660 and minimum to Major Support (1.0535) 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 43.
Supports and Resistances: - 1.1140
- Resistance on 11/14/2017
- Support on 11/02/2017
- Support on 10/27/2017
- Resistance on 09/11/2017
- Resistance on 09/07/2017
- Resistance on 09/01/2017
- 1.0965
- Resistance on 09/01/2020
- Resistance on 08/19/2020
- Resistance on 08/14/2020
- Resistance on 10/10/2018
- Resistance on 10/08/2018
- Resistance on 09/20/2018
- Resistance on 09/18/2018
- Resistance on 09/13/2018
- Resistance on 09/05/2018
- Resistance on 09/04/2018
- Resistance on 08/30/2018
- Support on 08/22/2018
- Support on 08/07/2018
- Resistance on 08/03/2018
- Resistance on 07/17/2018
- Resistance on 07/16/2018
- Resistance on 07/03/2018
- Resistance on 05/25/2018
- Resistance on 01/18/2018
- Resistance on 01/17/2018
- Resistance on 01/08/2018
- Support on 01/02/2018
- Resistance on 12/18/2017
- Resistance on 12/11/2017
- Support on 12/08/2017
- Support on 12/07/2017
- Support on 12/06/2017
- Support on 11/29/2017
- Support on 11/28/2017
- Support on 10/19/2017
- Resistance on 10/18/2017
- Support on 10/12/2017
- Support on 10/10/2017
- Resistance on 10/06/2017
- Resistance on 10/04/2017
- Resistance on 09/26/2017
- Resistance on 09/25/2017
- Support on 08/31/2017
- Resistance on 08/25/2017
- Resistance on 08/24/2017
- Resistance on 03/31/2017
- Resistance on 03/21/2017
- Support on 03/17/2017
- Support on 03/16/2017
- 1.0800
- Resistance on 09/24/2020
- Support on 09/22/2020
- Resistance on 07/30/2020
- Resistance on 06/01/2020
- Resistance on 05/19/2020
- Resistance on 05/18/2020
- Resistance on 11/13/2019
- Support on 11/08/2019
- Support on 11/07/2019
- Resistance on 10/30/2019
- Resistance on 10/29/2019
- Resistance on 10/01/2019
- Resistance on 09/30/2019
- Resistance on 09/13/2019
- Support on 11/05/2018
- Support on 10/31/2018
- Support on 10/29/2018
- Resistance on 10/22/2018
- Resistance on 06/27/2018
- Support on 06/08/2018
- Support on 06/01/2018
- Support on 05/31/2018
- Support on 05/30/2018
- Resistance on 03/12/2018
- Resistance on 02/28/2018
- Support on 02/13/2018
- Resistance on 08/14/2017
- Resistance on 08/09/2017
- Resistance on 08/08/2017
- Resistance on 07/18/2017
- Resistance on 05/19/2017
- Resistance on 05/16/2017
- Resistance on 05/12/2017
- Support on 04/17/2017
- Support on 04/14/2017
- Support on 04/06/2017
- Support on 03/28/2017
- Support on 03/27/2017
- Resistance on 03/03/2017
- 1.0660
- Support on 07/21/2020
- Resistance on 07/06/2020
- Resistance on 07/03/2020
- Support on 07/01/2020
- Support on 06/24/2020
- Support on 06/16/2020
- Support on 06/10/2020
- Support on 06/09/2020
- Support on 05/29/2020
- Support on 05/28/2020
- Support on 05/22/2020
- Resistance on 05/06/2020
- Resistance on 05/05/2020
- Support on 11/13/2019
- Support on 10/24/2019
- Support on 10/23/2019
- Support on 10/08/2019
- Trough on 09/09/2019
- Resistance on 09/02/2019
- Resistance on 08/29/2019
- Resistance on 05/08/2019
- Resistance on 01/21/2019
- Resistance on 11/28/2018
- Resistance on 11/27/2018
- Support on 11/26/2018
- Resistance on 11/22/2018
- Support on 11/13/2018
- Support on 06/19/2018
- Support on 05/10/2018
- Support on 05/02/2018
- Resistance on 04/23/2018
- Resistance on 04/20/2018
- Resistance on 04/19/2018
- Resistance on 04/03/2018
- Resistance on 03/29/2018
- Support on 03/22/2018
- Support on 03/07/2018
- Support on 03/02/2018
- Support on 02/21/2018
- Support on 08/04/2017
- Support on 08/02/2017
- Resistance on 07/31/2017
- Resistance on 07/28/2017
- Resistance on 07/27/2017
- Resistance on 07/24/2017
- Resistance on 07/17/2017
- Resistance on 07/14/2017
- Resistance on 05/25/2017
- Support on 05/23/2017
- Resistance on 05/10/2017
- Support on 05/08/2017
- Support on 04/20/2017
- Support on 02/23/2017
- Resistance on 02/13/2017
- Resistance on 02/10/2017
- Resistance on 11/16/2016
- Resistance on 11/15/2016
- Resistance on 11/14/2016
- 1.0350
- Support on 04/09/2020
- Resistance on 04/07/2020
- Resistance on 04/01/2020
- Peak on 04/01/2020
- Resistance on 03/12/2020
- Support on 03/10/2020
- Support on 02/04/2020
- Resistance on 01/29/2020
- Support on 08/07/2019
- Support on 08/06/2019
- Resistance on 03/21/2019
- Resistance on 03/20/2019
- Resistance on 03/15/2019
- Resistance on 03/14/2019
- Resistance on 03/13/2019
- Resistance on 03/12/2019
- Support on 01/03/2019
- Support on 01/31/2017
- Support on 01/26/2017
- Support on 01/03/2017
- Support on 01/02/2017
- Support on 12/30/2016
- Support on 12/29/2016
- 1.0260
- Support on 04/07/2020
- Resistance on 04/06/2020
- Resistance on 04/03/2020
- Resistance on 04/02/2020
- Resistance on 03/30/2020
- Resistance on 03/27/2020
- Resistance on 03/25/2020
- Resistance on 03/24/2020
- Resistance on 03/16/2020
- Support on 03/12/2020
- Support on 08/06/2019
- Trough on 08/06/2019
- Support on 01/03/2019
- Support on 09/20/2016
- Support on 09/16/2016
- Support on 09/13/2016
- Support on 09/12/2016
- Support on 09/07/2016
- Support on 04/28/2015
- Resistance on 04/23/2015
- Resistance on 04/01/2015
- Resistance on 03/30/2015
- Support on 03/25/2015
- Support on 03/24/2015
- Support on 03/23/2015
- Support on 03/20/2015
- 1.0155
- Support on 03/27/2020
- Support on 03/26/2020
- Resistance on 03/19/2020
- Resistance on 03/18/2020
- Support on 03/13/2020
- Support on 01/03/2019
- 1.0020
- Support on 03/19/2020
- Support on 03/18/2020
- Support on 03/17/2020
- Support on 03/16/2020
- Support on 01/03/2019
- Support on 04/06/2015
Click on the level to view price action history. |