Midterm forecast: - While the price is above the support 78.000, resumption of uptrend is expected.
- We make sure when the resistance at 81.750 breaks.
- If the support at 78.000 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis: - While the RSI support #1 at 38 is not broken, the probability of price decrease would be too low.
- A peak is formed in daily chart at 81.90 on 06/05/2020, so more losses minimum to Major Support (78.00) 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 47.
Supports and Resistances: - 91.65
- Resistance on 09/15/2017
- Peak on 09/15/2017
- Support on 12/04/2015
- Support on 12/03/2015
- Support on 11/30/2015
- Support on 11/27/2015
- Support on 11/24/2015
- Support on 11/23/2015
- 88.45
- Support on 10/03/2018
- Support on 01/23/2018
- Support on 01/19/2018
- Support on 01/17/2018
- Support on 01/11/2018
- Support on 01/10/2018
- Resistance on 12/20/2017
- Resistance on 12/12/2017
- Resistance on 12/11/2017
- Resistance on 12/08/2017
- Resistance on 12/01/2017
- Support on 10/27/2017
- Support on 10/26/2017
- Support on 09/08/2017
- Resistance on 09/05/2017
- Resistance on 09/04/2017
- Resistance on 08/01/2017
- Support on 07/28/2017
- Support on 07/27/2017
- Support on 07/24/2017
- Support on 07/21/2017
- Resistance on 07/11/2017
- Resistance on 07/10/2017
- Resistance on 07/07/2017
- Resistance on 01/09/2017
- Resistance on 01/06/2017
- Resistance on 01/04/2017
- Resistance on 12/19/2016
- Resistance on 12/14/2016
- Resistance on 12/12/2016
- 86.30
- Resistance on 12/03/2018
- Resistance on 11/16/2018
- Resistance on 11/15/2018
- Resistance on 11/14/2018
- Resistance on 11/13/2018
- Resistance on 11/12/2018
- Resistance on 11/01/2018
- Resistance on 10/31/2018
- Resistance on 10/30/2018
- Support on 10/17/2018
- Support on 09/27/2018
- Resistance on 08/01/2018
- 78.00
- Support on 06/12/2020
- Support on 06/01/2020
- Resistance on 05/26/2020
- Resistance on 04/09/2020
- Resistance on 04/07/2020
- Resistance on 03/27/2020
- Resistance on 03/20/2020
- Resistance on 03/16/2020
- Resistance on 03/13/2020
- Support on 01/03/2019
- Support on 11/09/2016
- Support on 11/08/2016
- Support on 10/28/2016
- Support on 10/27/2016
- Support on 10/26/2016
- Support on 10/25/2016
- Support on 10/13/2016
- Support on 10/12/2016
- Support on 10/11/2016
- Resistance on 10/04/2016
- Support on 09/12/2016
- Resistance on 08/23/2016
- Resistance on 08/09/2016
- Resistance on 08/08/2016
- Resistance on 08/02/2016
- Support on 07/29/2016
- Support on 07/12/2016
- Support on 07/06/2016
- Support on 07/05/2016
- Support on 06/24/2016
- 76.75
- Resistance on 04/24/2020
- Resistance on 04/23/2020
- Resistance on 04/20/2020
- Resistance on 04/03/2020
- Resistance on 03/31/2020
- Support on 03/27/2020
- Support on 03/25/2020
- Resistance on 03/17/2020
- Resistance on 03/12/2020
- Resistance on 03/11/2020
- Resistance on 03/10/2020
- Support on 01/03/2019
- Support on 11/09/2016
- Support on 11/04/2016
- Support on 11/03/2016
- Resistance on 09/27/2016
- Resistance on 09/26/2016
- Support on 09/20/2016
- Support on 08/03/2016
- Support on 08/02/2016
- Support on 07/08/2016
- Support on 06/24/2016
- 75.40
- Support on 05/04/2020
- Support on 04/21/2020
- Support on 04/02/2020
- Support on 04/01/2020
- Support on 03/31/2020
- Support on 03/17/2020
- Support on 03/16/2020
- Support on 11/09/2016
- Support on 09/27/2016
Click on the level to view price action history. |