Midterm forecast: - While the price is below the resistance 127.050, beginning of downtrend is expected.
- We make sure when the support at 121.150 breaks.
- If the resistance at 127.050 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - A trough is formed in daily chart at 122.84 on 11/19/2020, so more gains to resistance(s) 126.65 and maximum to Major Resistance (127.05) 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 64.
Supports and Resistances: - 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 11/02/2018
- Resistance on 10/24/2018
- Support on 10/22/2018
- Support on 10/17/2018
- Support on 10/15/2018
- Support on 10/11/2018
- Resistance on 09/10/2018
- Resistance on 08/09/2018
- Support on 07/27/2018
- Resistance on 07/03/2018
- Resistance on 07/02/2018
- Support on 03/23/2018
- Support on 08/25/2017
- Resistance on 08/23/2017
- Resistance on 08/22/2017
- Resistance on 08/14/2017
- Resistance on 08/11/2017
- Support on 08/09/2017
- Support on 07/24/2017
- Support on 07/18/2017
- Support on 07/13/2017
- Support on 07/12/2017
- Support on 07/07/2017
- Resistance on 07/05/2017
- 126.65
- Resistance on 12/15/2020
- Resistance on 12/11/2020
- Resistance on 12/10/2020
- Resistance on 12/04/2020
- Resistance on 12/03/2020
- Resistance on 09/01/2020
- Resistance on 08/31/2020
- Resistance on 08/28/2020
- Resistance on 08/13/2020
- 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
- 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
- Resistance on 06/17/2013
- 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 02/04/2013
- Resistance on 02/01/2013
- 122.25
- Support on 11/06/2020
- Support on 11/05/2020
- Support on 11/04/2020
- Support on 10/28/2020
- Resistance on 07/16/2020
- Resistance on 07/15/2020
- Resistance on 07/14/2020
- Resistance on 06/16/2020
- Support on 06/08/2020
- Support on 06/04/2020
- Resistance on 01/21/2020
- Resistance on 01/20/2020
- Resistance on 12/30/2019
- Resistance on 12/17/2019
- Resistance on 12/16/2019
- Resistance on 12/13/2019
- Resistance on 07/12/2019
- 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 01/04/2019
- Support on 01/03/2019
- Support on 05/03/2017
- 121.15
- Support on 07/08/2020
- Resistance on 07/02/2020
- Resistance on 06/29/2020
- Resistance on 06/23/2020
- Resistance on 06/17/2020
- Support on 06/03/2020
- Resistance on 03/26/2020
- Resistance on 03/25/2020
- Peak on 03/25/2020
- Resistance on 02/24/2020
- Resistance on 02/21/2020
- Resistance on 02/20/2020
- Resistance on 02/05/2020
- Resistance on 01/24/2020
- Support on 01/09/2020
- Support on 01/02/2020
- Support on 12/26/2019
- Support on 12/24/2019
- Support on 12/23/2019
- Support on 12/20/2019
- Resistance on 11/07/2019
- Resistance on 11/05/2019
- Resistance on 11/04/2019
- Resistance on 10/24/2019
- Resistance on 10/22/2019
- Resistance on 10/21/2019
- Resistance on 10/17/2019
- Resistance on 07/31/2019
- Resistance on 07/26/2019
- Resistance on 07/25/2019
- Resistance on 07/23/2019
- Resistance on 07/22/2019
- Resistance on 07/19/2019
- Resistance on 07/18/2019
- Support on 07/16/2019
- Support on 06/19/2019
- Support on 06/18/2019
- Support on 06/06/2019
- Support on 01/03/2019
- Resistance on 04/27/2017
- Support on 03/16/2017
- Support on 03/15/2017
- Resistance on 03/08/2017
- Resistance on 03/06/2017
- Resistance on 02/17/2017
- Resistance on 02/16/2017
- Resistance on 02/15/2017
- Resistance on 02/13/2017
- Resistance on 02/10/2017
- Support on 02/03/2017
- Support on 02/02/2017
- Support on 01/31/2017
- Support on 01/24/2017
- Support on 01/23/2017
- Resistance on 01/17/2017
- Support on 01/12/2017
- Support on 01/11/2017
- Resistance on 06/24/2016
- Support on 06/09/2016
- 119.30
- Support on 06/22/2020
- Support on 06/19/2020
- Resistance on 05/28/2020
- Resistance on 03/31/2020
- Support on 03/27/2020
- Support on 03/25/2020
- Resistance on 03/23/2020
- Resistance on 03/20/2020
- Resistance on 03/19/2020
- Resistance on 03/17/2020
- Resistance on 03/11/2020
- Resistance on 03/10/2020
- Support on 03/05/2020
- Support on 03/04/2020
- Support on 02/25/2020
- Support on 11/14/2019
- Support on 10/15/2019
- Resistance on 09/20/2019
- Resistance on 09/16/2019
- Resistance on 08/14/2019
- Resistance on 08/13/2019
- Resistance on 08/07/2019
- Resistance on 08/06/2019
- Support on 01/03/2019
- Support on 03/30/2017
- Support on 03/29/2017
- Support on 03/23/2017
- Resistance on 02/28/2017
- Resistance on 02/27/2017
- Resistance on 02/24/2017
- Support on 02/22/2017
- Support on 02/08/2017
- Support on 12/05/2016
- Resistance on 06/20/2016
- Support on 06/13/2016
- Support on 04/04/2013
- Support on 04/03/2013
- Support on 04/02/2013
- Support on 04/01/2013
- Support on 02/27/2013
- Support on 02/26/2013
- Support on 02/25/2013
- Resistance on 01/22/2013
- Support on 01/18/2013
- Resistance on 01/11/2013
- 117.75
- Support on 05/27/2020
- Resistance on 05/19/2020
- Resistance on 05/01/2020
- Resistance on 04/30/2020
- Resistance on 04/15/2020
- Support on 04/07/2020
- Support on 03/23/2020
- Support on 03/20/2020
- Support on 03/19/2020
- Support on 03/18/2020
- Support on 03/17/2020
- Support on 03/16/2020
- Resistance on 03/12/2020
- Support on 10/10/2019
- Resistance on 10/08/2019
- Resistance on 10/07/2019
- Support on 09/30/2019
- Support on 09/25/2019
- Support on 09/23/2019
- Support on 09/12/2019
- Support on 09/09/2019
- Support on 08/22/2019
- Support on 08/20/2019
- Support on 08/16/2019
- Support on 08/15/2019
- Support on 08/14/2019
- Support on 08/13/2019
- Support on 08/12/2019
- Support on 08/05/2019
- Support on 01/03/2019
- Resistance on 04/20/2017
- Support on 04/06/2017
- Support on 04/04/2017
- Support on 11/23/2016
- Resistance on 11/21/2016
- Resistance on 07/21/2016
- Resistance on 07/20/2016
- Resistance on 07/19/2016
- Resistance on 07/18/2016
- Resistance on 07/15/2016
- Resistance on 07/14/2016
- Resistance on 06/21/2016
- Resistance on 06/17/2016
- 114.45
- Support on 05/07/2020
- Support on 05/06/2020
- Trough on 05/06/2020
- Support on 11/09/2016
- Support on 11/02/2016
- Support on 10/28/2016
Click on the level to view price action history. |