Midterm forecast: - While the price is above the support 1.52500, beginning of uptrend is expected.
- We make sure when the resistance at 1.59850 breaks.
- If the support at 1.52500 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - While the RSI downtrend #1 is not broken, bearish wave in price would continue.
- A trough is formed in daily chart at 1.5254 on 02/25/2021, so more gains to resistance(s) 1.5400, 1.5595, 1.5820 and maximum to Major Resistance (1.5985) 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 41.
Take Profits: - 1.5595
- Resistance on 03/05/2021
- Support on 02/12/2021
- Support on 01/21/2021
- Support on 01/20/2021
- Support on 01/15/2021
- Support on 01/14/2021
- Support on 12/06/2018
- Support on 11/27/2018
- Support on 11/19/2018
- Support on 11/13/2018
- 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
- Resistance on 06/14/2018
- Resistance on 06/13/2018
- Resistance on 05/23/2018
- Support on 02/20/2018
- Support on 02/13/2018
- Support on 12/08/2017
- Support on 12/04/2017
- Support on 12/01/2017
- Resistance on 11/21/2017
- Resistance on 11/20/2017
- Resistance on 11/17/2017
- Resistance on 11/15/2017
- 1.5820
- Resistance on 01/28/2021
- Resistance on 01/27/2021
- Resistance on 01/22/2021
- Support on 01/05/2021
- Support on 12/31/2020
- Support on 04/30/2019
- Resistance on 04/23/2019
- Resistance on 04/16/2019
- Resistance on 04/12/2019
- Resistance on 04/11/2019
- Resistance on 04/10/2019
- Support on 02/27/2019
- Support on 02/26/2019
- Support on 02/25/2019
- Support on 02/21/2019
- Support on 02/20/2019
- Support on 02/19/2019
- Support on 02/14/2019
- Resistance on 02/01/2019
- Support on 01/30/2019
- Support on 01/18/2019
- Support on 01/17/2019
- Support on 01/16/2019
- Support on 01/15/2019
- Support on 12/19/2018
- Resistance on 12/18/2018
- Resistance on 12/17/2018
- Resistance on 12/14/2018
- Resistance on 12/11/2018
- Resistance on 12/07/2018
- Resistance on 11/07/2018
- Resistance on 11/06/2018
- Support on 11/02/2018
- Support on 11/01/2018
- Support on 08/24/2018
- Resistance on 07/31/2018
- Peak on 07/31/2018
- Resistance on 07/30/2018
- Resistance on 07/20/2018
- Resistance on 07/19/2018
- Resistance on 07/18/2018
- Resistance on 07/17/2018
- Resistance on 07/09/2018
- Resistance on 07/06/2018
- Resistance on 06/27/2018
- Resistance on 06/26/2018
- Resistance on 06/25/2018
- Support on 04/13/2018
- Resistance on 03/09/2018
- Support on 03/06/2018
- 1.5985
- Resistance on 01/05/2021
- Resistance on 01/04/2021
- Support on 12/30/2020
- Support on 12/31/2019
- Support on 12/30/2019
- Support on 12/23/2019
- 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
- 1.6135
- Resistance on 12/29/2020
- Resistance on 12/28/2020
- Resistance on 12/21/2020
- Support on 11/27/2020
- Support on 11/25/2020
- Support on 11/24/2020
- Support on 11/11/2020
- Support on 09/17/2020
- Support on 09/16/2020
- Support on 09/03/2020
- Support on 09/02/2020
- Support on 09/01/2020
- Support on 08/31/2020
- Support on 08/28/2020
- Support on 07/22/2020
- Support on 07/21/2020
- Support on 06/03/2020
- Support on 02/20/2020
- Support on 02/18/2020
- Support on 02/12/2020
- Support on 01/24/2020
- Support on 01/23/2020
- Support on 01/21/2020
- Resistance on 01/17/2020
- Support on 01/16/2020
- Resistance on 01/06/2020
- Support on 12/19/2019
- Support on 12/16/2019
- Resistance on 11/13/2019
- Resistance on 11/12/2019
- Support on 11/04/2019
- Support on 11/01/2019
- Support on 10/31/2019
- Support on 10/01/2019
- Support on 09/30/2019
- Support on 09/27/2019
- Support on 09/26/2019
- Support on 09/19/2019
- Resistance on 09/17/2019
- Resistance on 09/16/2019
- Resistance on 09/13/2019
- Resistance on 09/12/2019
- Resistance on 09/11/2019
- Support on 08/01/2019
- Support on 07/31/2019
- Support on 07/30/2019
- Resistance on 07/12/2019
- Resistance on 07/03/2019
- Resistance on 06/05/2019
- Resistance on 06/04/2019
- Support on 05/21/2019
- Support on 05/20/2019
- 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 10/10/2018
- Support on 10/04/2018
- Support on 09/27/2018
- Support on 09/26/2018
- Support on 09/24/2018
- Support on 09/13/2018
- Support on 09/07/2018
- Resistance on 09/04/2018
- Resistance on 09/03/2018
- Resistance on 08/31/2018
- Resistance on 04/25/2018
- Resistance on 03/26/2018
- 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
- Support on 08/25/2015
- 1.6415
- Resistance on 12/07/2020
- Resistance on 12/04/2020
- Resistance on 12/02/2020
- Resistance on 11/04/2020
- 1.6825
- Resistance on 10/20/2020
- Peak on 10/20/2020
- Resistance on 05/14/2020
- Resistance on 05/13/2020
- Support on 05/06/2020
- Support on 05/05/2020
- Resistance on 04/30/2020
- Resistance on 04/28/2020
- Support on 03/03/2020
- Resistance on 01/03/2019
- 1.7315
- Resistance on 04/21/2020
- Resistance on 04/16/2020
- Resistance on 04/15/2020
- Support on 03/12/2020
- Support on 03/11/2020
- Support on 03/10/2020
Click on the level to view price action history. |