Midterm forecast: - There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 121.350 would begin in Midterm.
Technical analysis: - While the RSI downtrend #1 is not broken, bearish wave in price would continue.
- A peak is formed in daily chart at 121.35 on 07/30/2019, so more losses to support(s) 117.35, 114.85, 111.25 and more depths 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 29.
Supports and Resistances: - 141.15
- Resistance on 06/09/2015
- Resistance on 06/04/2015
- Resistance on 01/09/2015
- Resistance on 09/19/2014
- Support on 05/07/2014
- Support on 04/30/2014
- Support on 04/28/2014
- Support on 04/25/2014
- Support on 04/24/2014
- Support on 04/23/2014
- Support on 04/22/2014
- Support on 04/17/2014
- Support on 04/07/2014
- Support on 03/25/2014
- Support on 03/19/2014
- Support on 03/18/2014
- Support on 03/13/2014
- Resistance on 02/28/2014
- Resistance on 02/24/2014
- Resistance on 02/21/2014
- Resistance on 02/18/2014
- Resistance on 01/29/2014
- Support on 01/23/2014
- Support on 01/22/2014
- Support on 01/21/2014
- Support on 01/17/2014
- Support on 12/18/2013
- Support on 12/17/2013
- Support on 12/16/2013
- Support on 12/12/2013
- Support on 12/11/2013
- 137.50
- Resistance on 02/02/2018
- Peak on 02/02/2018
- 133.10
- Resistance on 09/26/2018
- Resistance on 09/25/2018
- Resistance on 09/24/2018
- Resistance on 09/21/2018
- Peak on 09/21/2018
- Resistance on 04/26/2018
- Resistance on 04/25/2018
- Resistance on 04/24/2018
- Resistance on 04/19/2018
- Peak on 04/19/2018
- 129.10
- Resistance on 12/14/2018
- Resistance on 12/13/2018
- Resistance on 12/04/2018
- Resistance on 12/03/2018
- Resistance on 11/22/2018
- Resistance on 11/21/2018
- Resistance on 11/20/2018
- Resistance on 11/19/2018
- Resistance on 11/15/2018
- Resistance on 11/14/2018
- Resistance on 11/12/2018
- Resistance on 11/05/2018
- Resistance on 11/02/2018
- Resistance on 10/24/2018
- Support on 10/22/2018
- Support on 10/17/2018
- Support on 10/15/2018
- Trough on 10/15/2018
- Support on 10/11/2018
- Resistance on 09/10/2018
- Resistance on 08/09/2018
- Support on 07/27/2018
- Trough on 07/27/2018
- Resistance on 07/03/2018
- Support on 03/23/2018
- Support on 08/25/2017
- Resistance on 08/23/2017
- Resistance on 08/22/2017
- Resistance on 08/11/2017
- Support on 08/09/2017
- Support on 07/24/2017
- Support on 07/18/2017
- Support on 07/12/2017
- Support on 07/07/2017
- Resistance on 07/05/2017
- 126.65
- Resistance on 04/18/2019
- Resistance on 04/17/2019
- Resistance on 04/16/2019
- Resistance on 04/15/2019
- Resistance on 04/12/2019
- Resistance on 03/21/2019
- Resistance on 03/20/2019
- Resistance on 03/19/2019
- Resistance on 03/18/2019
- Resistance on 03/15/2019
- Resistance on 03/14/2019
- Support on 03/04/2019
- Resistance on 02/28/2019
- Support on 10/26/2018
- Trough on 10/26/2018
- Resistance on 08/17/2018
- Resistance on 08/14/2018
- Resistance on 08/13/2018
- Support on 06/19/2018
- Trough on 06/19/2018
- Support on 05/31/2018
- Support on 04/04/2016
- Resistance on 03/17/2016
- Resistance on 03/16/2016
- Resistance on 03/15/2016
- Resistance on 03/10/2016
- Support on 02/17/2016
- Support on 02/16/2016
- Support on 02/12/2016
- Support on 02/11/2016
- Support on 01/21/2016
- Support on 01/20/2016
- Support on 01/07/2016
- Support on 04/16/2015
- Support on 04/15/2015
- Support on 04/14/2015
- Support on 04/13/2015
- Support on 06/26/2013
- Support on 06/13/2013
- Support on 06/07/2013
- Support on 04/17/2013
- Resistance on 02/13/2013
- Resistance on 02/12/2013
- Resistance on 02/11/2013
- Resistance on 02/07/2013
- Resistance on 02/01/2013
- 125.10
- Resistance on 05/02/2019
- Resistance on 05/01/2019
- Resistance on 04/30/2019
- Resistance on 04/29/2019
- Resistance on 04/25/2019
- Support on 04/24/2019
- Support on 04/11/2019
- Support on 04/10/2019
- Support on 04/09/2019
- Support on 04/08/2019
- Support on 03/12/2019
- Resistance on 02/18/2019
- Resistance on 02/14/2019
- Resistance on 02/13/2019
- Resistance on 02/12/2019
- Resistance on 02/07/2019
- Resistance on 01/29/2019
- Resistance on 01/28/2019
- Resistance on 01/25/2019
- Resistance on 01/11/2019
- Resistance on 01/10/2019
- Resistance on 01/09/2019
- Support on 08/15/2018
- Support on 08/13/2018
- Support on 05/30/2018
- Support on 05/29/2018
- Resistance on 06/26/2017
- Resistance on 06/02/2017
- Resistance on 06/01/2017
- Resistance on 05/24/2017
- Resistance on 05/23/2017
- Resistance on 05/22/2017
- Resistance on 04/07/2016
- Support on 04/06/2016
- Support on 03/22/2016
- Support on 03/21/2016
- Support on 03/15/2016
- Resistance on 03/08/2016
- Resistance on 02/26/2016
- Support on 02/19/2016
- 123.70
- Resistance on 05/21/2019
- Peak on 05/21/2019
- Resistance on 05/10/2019
- Support on 03/28/2019
- Support on 01/25/2019
- Support on 01/24/2019
- Support on 01/17/2019
- Support on 01/16/2019
- Support on 01/15/2019
- Support on 01/14/2019
- Resistance on 01/04/2019
- Resistance on 01/03/2019
- Resistance on 06/15/2017
- Resistance on 06/14/2017
- Resistance on 06/13/2017
- Resistance on 06/12/2017
- Support on 05/31/2017
- Support on 05/30/2017
- Support on 05/19/2017
- Support on 05/15/2017
- Support on 05/10/2017
- Support on 05/09/2017
- Support on 05/08/2017
- Resistance on 05/04/2017
- Resistance on 01/09/2017
- Resistance on 12/30/2016
- Resistance on 12/16/2016
- Resistance on 12/15/2016
- Resistance on 05/23/2016
- Resistance on 05/20/2016
- Resistance on 05/19/2016
- Resistance on 05/18/2016
- Resistance on 05/17/2016
- Resistance on 05/09/2016
- Support on 03/10/2016
- Support on 03/09/2016
- 123.10
- Resistance on 07/01/2019
- Resistance on 06/11/2019
- Resistance on 05/23/2019
- Support on 05/08/2019
- Support on 05/07/2019
- 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
- Support on 06/06/2017
- Support on 05/30/2017
- Support on 05/18/2017
- Support on 05/08/2017
- Resistance on 01/30/2017
- Resistance on 01/27/2017
- Resistance on 01/05/2017
- Resistance on 01/04/2017
- Resistance on 01/03/2017
- Resistance on 01/02/2017
- Resistance on 12/28/2016
- Resistance on 12/27/2016
- Resistance on 12/22/2016
- Resistance on 12/08/2016
- Resistance on 12/06/2016
- Resistance on 12/05/2016
- Support on 05/31/2016
- Resistance on 05/27/2016
- Support on 05/20/2016
- Support on 05/19/2016
- Support on 05/18/2016
- Resistance on 05/05/2016
- Resistance on 05/04/2016
- Resistance on 04/29/2016
- Resistance on 04/18/2016
- Support on 04/14/2016
- Support on 04/13/2016
- Support on 03/09/2016
- Support on 03/02/2016
- Support on 02/24/2016
- Support on 02/23/2016
- 122.30
- Resistance on 07/12/2019
- Support on 07/01/2019
- Resistance on 06/25/2019
- Resistance on 06/24/2019
- Resistance on 06/14/2019
- Resistance on 06/06/2019
- Resistance on 06/05/2019
- Support on 05/23/2019
- Support on 05/17/2019
- Support on 05/15/2019
- Support on 01/03/2019
- Support on 06/15/2017
- Resistance on 03/17/2017
- 120.80
- Support on 07/30/2019
- Support on 07/29/2019
- Support on 07/22/2019
- Support on 07/19/2019
- Support on 07/18/2019
- Support on 06/03/2019
- Trough on 06/03/2019
- Support on 01/03/2019
- Support on 04/28/2017
- Resistance on 03/22/2017
- Support on 03/17/2017
- 118.45
- Support on 08/08/2019
- Support on 08/07/2019
- Support on 08/06/2019
- Support on 02/27/2017
- Support on 11/29/2016
- Support on 11/24/2016
- Resistance on 07/21/2016
- 114.85
- 111.25
- Support on 07/07/2016
- Support on 07/06/2016
- Support on 06/27/2016
- Support on 06/24/2016
- Resistance on 12/17/2012
- Resistance on 04/02/2012
- Resistance on 03/27/2012
- Resistance on 03/21/2012
- Resistance on 10/31/2011
Click on the level to view price action history. |
