Midterm forecast: - While the price is below the resistance 1.65950, beginning of downtrend is expected.
- We make sure when the support at 1.59850 breaks.
- If the resistance at 1.65950 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - A trough is formed in daily chart at 1.5960 on 01/24/2020, so more gains to resistance(s) 1.6150, 1.6245, 1.6430 and maximum to Major Resistance (1.6595) 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 42.
Supports and Resistances: - 1.6245
- Support on 02/11/2020
- Support on 02/06/2020
- Support on 02/05/2020
- Resistance on 01/08/2020
- Resistance on 01/07/2020
- Resistance on 12/13/2019
- Support on 12/02/2019
- Support on 11/29/2019
- Resistance on 11/27/2019
- Resistance on 11/26/2019
- Resistance on 11/15/2019
- Resistance on 11/14/2019
- Resistance on 10/29/2019
- Support on 10/15/2019
- Support on 10/08/2019
- Support on 10/07/2019
- Support on 10/03/2019
- Resistance on 09/26/2019
- Resistance on 09/25/2019
- Resistance on 09/24/2019
- Resistance on 07/31/2019
- Resistance on 07/01/2019
- Support on 06/26/2019
- Resistance on 05/24/2019
- Resistance on 05/23/2019
- Resistance on 05/22/2019
- Resistance on 05/21/2019
- Resistance on 05/17/2019
- Resistance on 05/16/2019
- Resistance on 12/27/2018
- Resistance on 10/23/2018
- Support on 10/12/2018
- Support on 10/11/2018
- Resistance on 10/09/2018
- Support on 10/05/2018
- Resistance on 09/25/2018
- Resistance on 09/24/2018
- Resistance on 09/14/2018
- Resistance on 09/13/2018
- Resistance on 02/11/2016
- Resistance on 09/29/2015
- Resistance on 08/26/2015
- Resistance on 08/25/2015
- Resistance on 08/24/2015
- 1.6150
- Resistance on 01/20/2020
- Resistance on 01/17/2020
- Support on 01/09/2020
- Resistance on 01/06/2020
- Resistance on 12/20/2019
- Support on 12/16/2019
- Support on 12/11/2019
- Support on 12/06/2019
- Support on 12/04/2019
- Support on 12/03/2019
- Resistance on 11/13/2019
- Support on 11/01/2019
- Support on 10/31/2019
- Support on 10/30/2019
- Support on 09/27/2019
- Support on 09/26/2019
- Resistance on 09/17/2019
- Resistance on 09/13/2019
- Support on 09/05/2019
- Support on 08/01/2019
- Resistance on 07/29/2019
- Resistance on 07/12/2019
- Resistance on 07/03/2019
- Support on 07/01/2019
- Resistance on 06/05/2019
- Resistance on 06/04/2019
- Support on 05/27/2019
- Support on 05/21/2019
- Support on 05/16/2019
- Resistance on 01/10/2019
- Resistance on 12/20/2018
- Resistance on 10/29/2018
- Resistance on 10/26/2018
- Resistance on 10/25/2018
- Support on 10/22/2018
- Support on 10/17/2018
- Support on 10/10/2018
- Resistance on 09/28/2018
- Support on 09/26/2018
- Resistance on 09/21/2018
- Resistance on 09/20/2018
- Support on 09/18/2018
- Support on 09/13/2018
- Resistance on 09/04/2018
- Resistance on 09/03/2018
- Resistance on 08/31/2018
- Resistance on 04/25/2018
- Resistance on 03/28/2018
- Resistance on 03/27/2018
- Resistance on 02/11/2016
- Resistance on 02/09/2016
- Resistance on 10/02/2015
- Resistance on 09/29/2015
- Resistance on 09/24/2015
- Resistance on 09/10/2015
- Resistance on 09/08/2015
- Resistance on 09/07/2015
- Resistance on 09/04/2015
- Resistance on 09/02/2015
- Resistance on 09/01/2015
- Resistance on 08/26/2015
- 1.5985
- Support on 12/31/2019
- Support on 12/30/2019
- Support on 12/23/2019
- Support on 11/08/2019
- Support on 11/07/2019
- Support on 09/12/2019
- Resistance on 07/24/2019
- Support on 07/15/2019
- Resistance on 05/03/2019
- Resistance on 05/02/2019
- Resistance on 05/01/2019
- Resistance on 03/25/2019
- Resistance on 03/13/2019
- Resistance on 03/11/2019
- Resistance on 03/08/2019
- Resistance on 02/22/2019
- Resistance on 02/21/2019
- Resistance on 02/12/2019
- Resistance on 02/11/2019
- Resistance on 02/08/2019
- Resistance on 02/07/2019
- Resistance on 01/30/2019
- Resistance on 01/29/2019
- Resistance on 01/25/2019
- Resistance on 01/24/2019
- Resistance on 01/14/2019
- Support on 01/10/2019
- Support on 01/09/2019
- Support on 01/08/2019
- Support on 01/07/2019
- Support on 01/04/2019
- Support on 12/20/2018
- Resistance on 11/01/2018
- Support on 10/02/2018
- Trough on 10/02/2018
- Support on 08/30/2018
- Support on 04/30/2018
- Support on 04/27/2018
- Resistance on 04/19/2018
- Resistance on 04/11/2018
- Resistance on 04/06/2018
- Resistance on 04/05/2018
- Resistance on 04/04/2018
- Support on 03/30/2018
- Support on 03/29/2018
- Support on 03/26/2018
- Support on 03/23/2018
- Resistance on 03/21/2018
- 1.5885
- Support on 07/23/2019
- Support on 07/22/2019
- Support on 07/19/2019
- Support on 05/01/2019
- Resistance on 04/26/2019
- Resistance on 04/03/2019
- Resistance on 03/28/2019
- Resistance on 03/27/2019
- Support on 03/25/2019
- Support on 03/22/2019
- Support on 03/12/2019
- Support on 03/11/2019
- Support on 02/28/2019
- Support on 02/22/2019
- Resistance on 02/19/2019
- Resistance on 02/05/2019
- Support on 01/24/2019
- Support on 01/23/2019
- Support on 01/11/2019
- Resistance on 12/10/2018
- Resistance on 07/20/2018
- Resistance on 07/11/2018
- Resistance on 07/03/2018
- Support on 05/03/2018
- Support on 04/19/2018
- Support on 04/18/2018
- Support on 04/17/2018
- Support on 04/12/2018
- Support on 04/10/2018
- Support on 03/22/2018
- Support on 03/21/2018
- Support on 03/19/2018
- Resistance on 03/08/2018
- Resistance on 03/07/2018
- Resistance on 03/05/2018
- Resistance on 03/02/2018
- 1.5605
- Resistance on 12/05/2018
- Support on 11/27/2018
- Support on 11/19/2018
- Support on 11/13/2018
- Support on 11/12/2018
- Support on 08/20/2018
- Support on 08/10/2018
- Support on 08/09/2018
- Support on 08/08/2018
- Support on 08/07/2018
- Support on 08/06/2018
- Resistance on 06/15/2018
- Resistance on 06/14/2018
- Resistance on 05/23/2018
- Support on 02/21/2018
- Support on 02/20/2018
- Trough on 02/20/2018
- Support on 02/13/2018
- Support on 12/08/2017
- Support on 12/04/2017
- Support on 12/01/2017
- Support on 11/30/2017
- Resistance on 11/20/2017
- Resistance on 11/17/2017
- Resistance on 11/15/2017
- 1.5345
- Support on 12/03/2018
- Trough on 12/03/2018
- Support on 06/07/2018
- Support on 06/06/2018
- Support on 05/29/2018
- Resistance on 01/30/2018
- Resistance on 01/29/2018
- Resistance on 01/22/2018
- Resistance on 01/18/2018
- Resistance on 01/08/2018
- Resistance on 01/05/2018
- Support on 01/02/2018
- Support on 12/22/2017
- Support on 12/18/2017
- Support on 12/15/2017
- Support on 12/14/2017
- Resistance on 10/26/2017
- Resistance on 10/25/2017
- 1.5205
- Support on 01/11/2018
- Support on 01/09/2018
- Support on 11/13/2017
- Resistance on 11/09/2017
- Resistance on 11/06/2017
- Resistance on 11/03/2017
- Resistance on 06/02/2017
- 1.4835
- Support on 09/14/2017
- Support on 09/12/2017
- Support on 09/05/2017
- Support on 08/22/2017
- Support on 08/17/2017
- Support on 08/16/2017
- Support on 08/10/2017
- Support on 08/09/2017
- Support on 08/08/2017
- Support on 08/07/2017
- Support on 08/04/2017
- Resistance on 08/01/2017
- Support on 06/30/2017
- Support on 06/13/2017
- Support on 06/12/2017
- Support on 06/09/2017
- Support on 06/08/2017
- Support on 06/07/2017
- Resistance on 05/10/2017
- Resistance on 05/09/2017
- Resistance on 05/05/2017
- Resistance on 05/04/2017
Click on the level to view price action history. |