Midterm forecast: - While the price is above the support 1.47500, beginning of uptrend is expected.
- We make sure when the resistance at 1.53600 breaks.
- If the support at 1.47500 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - The RSI resistance #1 at 48 is broken, so the probability of beginning of uptrend is increased.
- A trough is formed in daily chart at 1.4879 on 02/22/2019, so more gains to resistance(s) 1.5115, 1.5190, 1.5285 and maximum to Major Resistance (1.5360) 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 56.
Take Profits: - 1.5115
- Resistance on 02/08/2019
- Resistance on 02/07/2019
- Resistance on 01/31/2019
- Support on 01/23/2019
- Support on 01/15/2019
- Support on 12/17/2018
- Support on 12/14/2018
- Support on 12/07/2018
- Resistance on 11/22/2018
- Resistance on 11/19/2018
- Resistance on 10/22/2018
- Resistance on 10/19/2018
- Resistance on 10/15/2018
- Resistance on 10/12/2018
- Resistance on 10/11/2018
- Support on 08/31/2018
- Support on 08/30/2018
- Resistance on 08/23/2018
- Resistance on 08/22/2018
- Resistance on 08/21/2018
- Resistance on 08/09/2018
- Support on 06/14/2018
- Support on 06/06/2018
- Support on 06/05/2018
- Resistance on 05/30/2018
- Resistance on 05/29/2018
- Resistance on 05/25/2018
- Resistance on 05/24/2018
- Resistance on 05/23/2018
- Support on 01/17/2018
- Resistance on 01/11/2018
- Resistance on 01/04/2018
- Resistance on 01/02/2018
- Support on 12/21/2017
- Resistance on 12/15/2017
- Resistance on 11/17/2017
- Resistance on 11/15/2017
- Resistance on 10/26/2017
- Resistance on 10/25/2017
- 1.5190
- Resistance on 01/30/2019
- Resistance on 01/29/2019
- Peak on 01/29/2019
- Resistance on 01/28/2019
- Resistance on 01/24/2019
- Resistance on 01/23/2019
- Resistance on 01/22/2019
- Support on 01/14/2019
- Support on 01/11/2019
- Support on 01/10/2019
- Support on 12/18/2018
- Resistance on 12/14/2018
- Resistance on 12/13/2018
- Resistance on 12/12/2018
- Resistance on 12/05/2018
- Resistance on 09/28/2018
- Resistance on 09/13/2018
- Support on 09/10/2018
- Support on 09/07/2018
- Support on 09/04/2018
- Resistance on 08/31/2018
- Resistance on 08/27/2018
- Resistance on 08/08/2018
- Peak on 08/08/2018
- Support on 07/31/2018
- Support on 07/27/2018
- Support on 06/08/2018
- Resistance on 06/01/2018
- Resistance on 05/28/2018
- Resistance on 05/18/2018
- Support on 05/11/2018
- Support on 05/10/2018
- 1.5285
- Resistance on 01/10/2019
- Resistance on 12/11/2018
- Resistance on 12/06/2018
- Resistance on 09/27/2018
- Resistance on 09/26/2018
- Resistance on 09/25/2018
- Resistance on 09/11/2018
- Resistance on 09/10/2018
- Resistance on 09/07/2018
- Resistance on 09/04/2018
- Resistance on 07/31/2018
- Support on 07/25/2018
- Support on 07/04/2018
- Trough on 07/04/2018
- Resistance on 05/15/2018
- Resistance on 05/14/2018
- Resistance on 05/11/2018
- Support on 01/26/2018
- Resistance on 01/23/2018
- Resistance on 01/19/2018
- Resistance on 01/18/2018
- Resistance on 01/17/2018
- Resistance on 01/15/2018
- Resistance on 12/20/2017
- 1.5360
- Support on 01/03/2019
- Resistance on 12/19/2018
- Resistance on 09/06/2018
- Support on 07/24/2018
- Support on 07/23/2018
- Support on 07/20/2018
- Support on 07/17/2018
- Support on 07/16/2018
- Support on 07/11/2018
- Support on 07/10/2018
- Support on 07/09/2018
- Resistance on 07/06/2018
- Resistance on 07/05/2018
- Support on 06/27/2018
- Resistance on 06/18/2018
- Resistance on 06/14/2018
- Resistance on 06/11/2018
- Resistance on 06/07/2018
- Peak on 06/07/2018
- Resistance on 05/09/2018
- Support on 05/03/2018
- Support on 05/02/2018
- Resistance on 02/01/2018
- Resistance on 01/30/2018
- Resistance on 01/26/2018
- Resistance on 01/25/2018
- Resistance on 12/01/2017
- Resistance on 11/30/2017
- 1.5450
- Support on 12/24/2018
- Resistance on 07/20/2018
- Resistance on 07/19/2018
- Resistance on 07/11/2018
- Resistance on 07/06/2018
- Resistance on 06/29/2018
- Support on 06/25/2018
- Resistance on 06/21/2018
- Resistance on 05/08/2018
- Support on 04/13/2018
- Support on 02/13/2018
- Support on 02/06/2018
- Resistance on 02/17/2016
- Support on 02/10/2016
- Support on 02/08/2016
- Resistance on 02/04/2016
- Support on 01/21/2016
- Support on 01/13/2016
- Resistance on 08/26/2015
- Resistance on 08/25/2015
- Resistance on 08/24/2015
- Resistance on 03/17/2014
- Resistance on 03/14/2014
- 1.5640
- Resistance on 01/02/2019
- Resistance on 12/31/2018
- Resistance on 12/28/2018
- Peak on 12/28/2018
- Resistance on 12/27/2018
- Resistance on 04/26/2018
- Resistance on 04/18/2018
- Support on 04/09/2018
- Support on 03/01/2018
- Resistance on 02/27/2018
- Resistance on 02/26/2018
- Resistance on 02/16/2018
- Resistance on 02/15/2018
- 1.6150
- Resistance on 03/20/2018
- Peak on 03/20/2018
- Resistance on 03/19/2018
- Resistance on 03/16/2018
Click on the level to view price action history. |