Midterm forecast: - While the price is below the resistance 0.66850, beginning of downtrend is expected.
- We make sure when the support at 0.59750 breaks.
- If the resistance at 0.66850 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - The Rising Wedge taking shape and as a bearish pattern suggests we will soon see another leg lower if price breaks and closes below uptrend.
- A trough is formed in daily chart at 0.6380 on 05/07/2020, so more gains to resistance(s) 0.6570 and maximum to Major Resistance (0.6685) 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 61.
Supports and Resistances: - 0.8135
- Resistance on 01/26/2018
- Peak on 01/26/2018
- Resistance on 05/14/2015
- Resistance on 05/13/2015
- Resistance on 01/22/2015
- Support on 01/15/2015
- Support on 01/14/2015
- Support on 01/13/2015
- Support on 01/12/2015
- Resistance on 01/08/2015
- Support on 05/25/2010
- Support on 05/21/2010
- Support on 05/20/2010
- Support on 08/17/2009
- Support on 07/30/2009
- Support on 07/29/2009
- Support on 07/27/2009
- Resistance on 06/30/2009
- Resistance on 06/19/2009
- Resistance on 06/10/2009
- Resistance on 06/05/2009
- Resistance on 06/01/2009
- Resistance on 09/10/2008
- Support on 09/08/2008
- Support on 09/05/2008
- Support on 09/04/2008
- 0.7805
- Resistance on 04/19/2018
- Resistance on 04/13/2018
- Resistance on 03/16/2018
- Support on 03/07/2018
- Support on 02/23/2018
- Support on 02/14/2018
- Support on 02/12/2018
- Support on 01/10/2018
- Support on 01/09/2018
- Resistance on 12/28/2017
- Resistance on 10/24/2017
- Support on 10/23/2017
- Support on 10/20/2017
- Resistance on 10/11/2017
- Support on 10/03/2017
- Support on 10/02/2017
- Support on 09/28/2017
- Support on 08/15/2017
- Resistance on 04/21/2016
- Resistance on 06/22/2015
- Resistance on 06/19/2015
- Resistance on 06/18/2015
- Resistance on 06/03/2015
- Support on 05/25/2015
- Support on 05/22/2015
- Support on 05/05/2015
- Support on 05/04/2015
- Support on 05/01/2015
- Support on 04/27/2015
- Resistance on 04/22/2015
- Resistance on 04/17/2015
- Resistance on 04/16/2015
- Resistance on 03/20/2015
- Resistance on 03/19/2015
- Resistance on 03/18/2015
- Resistance on 03/06/2015
- Support on 03/04/2015
- Resistance on 02/11/2015
- Resistance on 02/10/2015
- Resistance on 02/09/2015
- Resistance on 02/06/2015
- Resistance on 02/05/2015
- Resistance on 02/04/2015
- Resistance on 02/03/2015
- Resistance on 02/02/2015
- Resistance on 01/30/2015
- 0.7675
- Resistance on 06/07/2018
- Resistance on 06/06/2018
- Peak on 06/06/2018
- Resistance on 04/23/2018
- Support on 04/09/2018
- Support on 04/06/2018
- Support on 04/05/2018
- Support on 04/04/2018
- Support on 03/30/2018
- Support on 03/27/2018
- Support on 03/21/2018
- Support on 03/20/2018
- Resistance on 12/20/2017
- Resistance on 12/19/2017
- Resistance on 12/18/2017
- Resistance on 12/15/2017
- Resistance on 12/14/2017
- Support on 11/09/2017
- Support on 07/13/2017
- Resistance on 07/04/2017
- Resistance on 03/30/2017
- Resistance on 03/29/2017
- Resistance on 03/23/2017
- Support on 03/21/2017
- Resistance on 02/28/2017
- Resistance on 02/14/2017
- Resistance on 02/13/2017
- Resistance on 02/10/2017
- Resistance on 02/07/2017
- Resistance on 02/02/2017
- Support on 11/07/2016
- Resistance on 11/02/2016
- Resistance on 11/01/2016
- Resistance on 10/26/2016
- Resistance on 10/18/2016
- Resistance on 10/04/2016
- Resistance on 10/03/2016
- Resistance on 09/30/2016
- Resistance on 09/27/2016
- Resistance on 09/22/2016
- Resistance on 09/08/2016
- Resistance on 08/26/2016
- Resistance on 08/15/2016
- Resistance on 08/09/2016
- Resistance on 08/08/2016
- Resistance on 07/15/2016
- Resistance on 05/03/2016
- Resistance on 05/02/2016
- Resistance on 04/04/2016
- Resistance on 03/31/2016
- Resistance on 03/30/2016
- Resistance on 03/18/2016
- 0.7395
- Resistance on 12/04/2018
- Resistance on 12/03/2018
- Support on 08/08/2018
- Support on 08/01/2018
- Support on 07/31/2018
- Support on 07/30/2018
- Support on 07/25/2018
- Support on 07/13/2018
- Resistance on 07/05/2018
- Resistance on 07/04/2018
- Resistance on 07/03/2018
- Resistance on 06/27/2018
- Support on 06/25/2018
- Resistance on 05/12/2017
- Resistance on 05/10/2017
- Resistance on 05/09/2017
- Support on 05/05/2017
- Support on 05/04/2017
- Support on 12/14/2016
- Support on 12/02/2016
- Support on 11/25/2016
- Support on 11/17/2016
- Support on 07/06/2016
- Resistance on 06/28/2016
- Support on 06/24/2016
- Resistance on 06/14/2016
- Resistance on 06/13/2016
- Support on 03/07/2016
- Resistance on 08/18/2015
- Resistance on 08/17/2015
- 0.7200
- Resistance on 04/18/2019
- Resistance on 04/17/2019
- Resistance on 02/27/2019
- Resistance on 02/26/2019
- Resistance on 02/21/2019
- Resistance on 01/28/2019
- Resistance on 01/18/2019
- Resistance on 01/17/2019
- Resistance on 01/16/2019
- Resistance on 01/15/2019
- Resistance on 01/10/2019
- Resistance on 01/09/2019
- Resistance on 12/19/2018
- Support on 12/12/2018
- Support on 12/07/2018
- Support on 12/06/2018
- Support on 11/27/2018
- Support on 11/21/2018
- Support on 11/14/2018
- Support on 11/06/2018
- Resistance on 11/02/2018
- Resistance on 11/01/2018
- Resistance on 10/03/2018
- Support on 10/01/2018
- Support on 09/28/2018
- Support on 09/27/2018
- Support on 09/19/2018
- Resistance on 09/17/2018
- Resistance on 09/14/2018
- Resistance on 09/13/2018
- Resistance on 09/07/2018
- Support on 08/15/2018
- Trough on 08/15/2018
- 0.6845
- Support on 01/09/2020
- Support on 01/08/2020
- Support on 12/19/2019
- Support on 12/18/2019
- Support on 12/17/2019
- Resistance on 12/06/2019
- Resistance on 11/14/2019
- Support on 11/11/2019
- Support on 11/08/2019
- Support on 10/30/2019
- Resistance on 10/28/2019
- Support on 09/17/2019
- Resistance on 09/06/2019
- Resistance on 08/01/2019
- Support on 06/18/2019
- Support on 06/17/2019
- Support on 01/03/2019
- Support on 01/20/2016
- Support on 01/19/2016
- Support on 01/15/2016
- Support on 04/01/2009
- Support on 03/27/2009
- Support on 03/20/2009
- Resistance on 02/09/2009
- Resistance on 01/19/2009
- Support on 12/31/2008
- Support on 12/30/2008
- Support on 12/29/2008
- Resistance on 12/24/2008
- Resistance on 12/23/2008
- Resistance on 12/22/2008
- Support on 12/18/2008
- Support on 12/17/2008
- Resistance on 11/06/2008
- Resistance on 11/03/2008
- Resistance on 10/30/2008
- Resistance on 10/22/2008
- Support on 10/20/2008
- Support on 10/17/2008
Click on the level to view price action history. |