Midterm forecast: - While the price is above the support 108.650, beginning of uptrend is expected.
- We make sure when the resistance at 114.400 breaks.
- If the support at 108.650 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
- A peak is formed in daily chart at 111.66 on 05/21/2020, so more losses to support(s) 111.15, 109.90 and minimum to Major Support (108.65) 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: - 116.15
- Resistance on 09/14/2018
- Support on 02/06/2018
- Resistance on 01/30/2018
- Resistance on 01/08/2018
- Resistance on 01/05/2018
- Resistance on 10/02/2017
- Resistance on 09/29/2017
- Resistance on 09/28/2017
- Resistance on 09/27/2017
- Resistance on 09/20/2017
- Resistance on 09/19/2017
- Resistance on 09/18/2017
- 111.15
- Resistance on 05/19/2020
- Resistance on 05/04/2020
- Resistance on 05/01/2020
- Resistance on 04/30/2020
- Support on 04/15/2020
- Support on 04/14/2020
- Support on 04/13/2020
- Support on 04/07/2020
- Support on 03/18/2020
- Support on 03/17/2020
- Support on 03/16/2020
- Resistance on 03/12/2020
- Support on 12/20/2019
- Resistance on 12/13/2019
- Resistance on 04/10/2019
- Support on 03/29/2019
- Support on 03/21/2019
- Support on 03/19/2019
- Support on 03/06/2019
- Resistance on 02/27/2019
- Resistance on 02/25/2019
- Resistance on 01/10/2019
- Resistance on 01/09/2019
- Resistance on 01/08/2019
- Resistance on 01/07/2019
- Support on 08/16/2018
- Support on 08/15/2018
- Support on 08/10/2018
- Support on 07/06/2018
- Resistance on 06/27/2018
- Resistance on 06/26/2018
- Resistance on 06/25/2018
- Resistance on 06/21/2018
- Resistance on 06/19/2018
- Support on 06/08/2018
- Resistance on 06/04/2018
- Support on 05/22/2018
- Resistance on 05/18/2018
- Resistance on 04/24/2018
- Resistance on 04/23/2018
- Support on 04/12/2018
- Support on 04/06/2018
- Support on 03/30/2018
- Support on 03/29/2018
- Support on 03/28/2018
- Support on 03/21/2018
- Support on 03/19/2018
- Support on 03/16/2018
- Support on 03/30/2017
- Support on 03/29/2017
- Support on 02/27/2017
- Support on 02/24/2017
- Support on 12/05/2016
- Resistance on 11/29/2016
- Support on 11/25/2016
- Resistance on 06/24/2016
- Resistance on 06/10/2016
- Support on 05/31/2016
- Resistance on 05/27/2016
- Resistance on 05/26/2016
- Resistance on 05/25/2016
- Resistance on 05/23/2016
- Support on 05/18/2016
- Support on 05/17/2016
- Support on 05/16/2016
- Support on 05/13/2016
- Support on 05/03/2016
- Support on 10/16/2014
- Support on 11/26/2013
- Support on 11/25/2013
- 104.00
- Support on 10/21/2016
- Resistance on 09/27/2016
- Resistance on 09/26/2016
- Resistance on 09/23/2016
- Resistance on 09/22/2016
- Resistance on 09/21/2016
- Support on 08/30/2016
- Support on 08/29/2016
- Support on 08/23/2016
- Support on 08/22/2016
- Support on 08/18/2016
- Support on 08/17/2016
- Support on 08/16/2016
- Support on 07/12/2016
- Resistance on 07/07/2016
- Support on 07/05/2016
- Support on 06/29/2016
- Support on 06/28/2016
- Support on 06/24/2016
- Support on 08/12/2013
- Support on 07/05/2013
- Support on 06/28/2013
- Support on 06/25/2013
- Resistance on 06/19/2013
- Resistance on 06/18/2013
- Resistance on 06/14/2013
- Support on 06/07/2013
- Support on 06/06/2013
- Support on 06/03/2013
- Support on 05/23/2013
- Support on 04/30/2013
- Support on 04/29/2013
- Support on 04/17/2013
- 103.05
- Support on 09/27/2016
- Resistance on 07/08/2016
- Support on 07/06/2016
- Support on 06/24/2016
- Support on 07/10/2013
- Support on 06/26/2013
- Support on 06/19/2013
- Support on 06/13/2013
- Support on 06/07/2013
- Support on 04/16/2013
- 101.80
- Support on 06/24/2016
- Support on 06/14/2013
- Support on 06/13/2013
- Support on 04/05/2013
- Resistance on 03/21/2013
- Resistance on 03/20/2013
- Resistance on 03/15/2013
- Resistance on 03/12/2013
- Resistance on 03/11/2013
- Resistance on 03/08/2013
- 100.00
- Resistance on 03/27/2013
- Support on 03/22/2013
- Support on 03/21/2013
- Support on 03/20/2013
- Support on 03/19/2013
- Support on 03/18/2013
- Support on 02/15/2013
- Resistance on 01/30/2013
Click on the level to view price action history. |