Midterm forecast: - While the price is below the resistance 1.82600, continuation of downtrend is expected.
- We make sure when the support at 1.66150 breaks.
- If the resistance at 1.82600 is broken, the short-term forecast -continuation of downtrend- will be invalid.
Technical analysis: - The RSI resistance #1 at 57 is broken, so the probability of continuation of downtrend is decreased.
- A peak is formed in daily chart at 1.7970 on 05/29/2020, so more losses to support(s) 1.7285, 1.7145, 1.6965 and minimum to Major Support (1.6615) 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 43.
Supports and Resistances: - 1.7445
- Support on 06/16/2020
- Support on 06/12/2020
- Resistance on 06/10/2020
- Resistance on 06/09/2020
- Support on 06/04/2020
- Support on 06/03/2020
- Resistance on 02/27/2020
- Resistance on 11/12/2019
- Resistance on 11/08/2019
- Resistance on 10/31/2019
- Resistance on 10/24/2019
- Support on 10/18/2019
- Support on 10/16/2019
- Support on 09/23/2019
- Support on 09/19/2019
- Resistance on 09/17/2019
- Resistance on 09/03/2019
- Resistance on 09/02/2019
- Resistance on 08/27/2019
- Resistance on 08/23/2019
- Resistance on 08/13/2019
- Resistance on 08/07/2019
- Resistance on 10/30/2018
- Support on 10/23/2018
- Support on 10/19/2018
- Resistance on 08/29/2018
- Resistance on 08/28/2018
- Resistance on 08/27/2018
- Resistance on 08/10/2018
- Resistance on 08/09/2018
- Resistance on 12/01/2017
- Resistance on 11/30/2017
- Resistance on 10/05/2015
- Support on 10/01/2015
- Support on 09/30/2015
- Support on 09/28/2015
- Support on 09/09/2015
- Resistance on 08/28/2015
- Support on 08/26/2015
- Support on 08/25/2015
- 1.7285
- Support on 02/27/2020
- Resistance on 11/22/2019
- Resistance on 11/21/2019
- Resistance on 11/20/2019
- Resistance on 11/15/2019
- Resistance on 11/14/2019
- Support on 11/04/2019
- Support on 11/01/2019
- Support on 09/26/2019
- Resistance on 09/12/2019
- Support on 09/05/2019
- Support on 09/04/2019
- Resistance on 08/19/2019
- Support on 08/14/2019
- Support on 08/13/2019
- Support on 08/12/2019
- Resistance on 06/21/2019
- Resistance on 06/18/2019
- Resistance on 06/17/2019
- Resistance on 06/14/2019
- Resistance on 01/03/2019
- Support on 10/31/2018
- Support on 10/30/2018
- Support on 08/23/2018
- Resistance on 08/21/2018
- Resistance on 08/20/2018
- Support on 08/10/2018
- Resistance on 07/20/2018
- Resistance on 07/19/2018
- Resistance on 07/17/2018
- Resistance on 07/16/2018
- Resistance on 07/13/2018
- Resistance on 07/12/2018
- Resistance on 07/11/2018
- Resistance on 07/05/2018
- Resistance on 07/04/2018
- Resistance on 05/15/2018
- Resistance on 05/14/2018
- Resistance on 11/21/2017
- 1.7145
- Resistance on 02/24/2020
- Resistance on 02/21/2020
- Resistance on 02/04/2020
- Resistance on 02/03/2020
- Resistance on 12/02/2019
- Support on 11/29/2019
- Support on 11/25/2019
- Support on 11/14/2019
- Support on 11/13/2019
- Support on 09/12/2019
- Support on 09/11/2019
- Support on 09/10/2019
- Support on 09/09/2019
- Support on 09/06/2019
- Support on 08/07/2019
- Resistance on 06/26/2019
- Support on 06/14/2019
- Resistance on 05/31/2019
- Resistance on 05/24/2019
- Resistance on 05/08/2019
- Resistance on 01/03/2019
- Resistance on 11/06/2018
- Support on 11/01/2018
- Support on 08/07/2018
- Resistance on 08/03/2018
- Resistance on 07/31/2018
- Support on 07/27/2018
- Support on 07/26/2018
- Support on 07/25/2018
- Support on 07/17/2018
- Support on 07/11/2018
- Support on 07/10/2018
- Support on 07/06/2018
- Resistance on 06/28/2018
- Resistance on 05/18/2018
- Resistance on 05/17/2018
- Resistance on 05/10/2018
- Resistance on 05/02/2018
- Resistance on 04/27/2018
- Resistance on 03/29/2018
- Resistance on 03/21/2018
- Support on 12/08/2017
- Support on 12/05/2017
- Support on 11/29/2017
- Support on 11/28/2017
- Support on 11/23/2017
- Support on 11/22/2017
- Support on 11/21/2017
- Support on 11/20/2017
- Resistance on 10/26/2017
- Resistance on 10/25/2017
- Resistance on 02/11/2016
- Resistance on 02/09/2016
- Resistance on 01/20/2016
- Resistance on 01/15/2016
- Resistance on 10/14/2015
- Resistance on 10/13/2015
- Support on 10/06/2015
- Support on 10/05/2015
- Resistance on 08/26/2013
- Resistance on 08/23/2013
- Resistance on 08/05/2013
- 1.6525
- Trough on 08/16/2019
- Support on 07/22/2019
- Resistance on 03/13/2019
- Resistance on 03/11/2019
- Support on 02/21/2019
- Resistance on 02/19/2019
- Resistance on 02/18/2019
- Resistance on 02/15/2019
- Support on 02/06/2019
- Support on 02/05/2019
- Support on 02/01/2019
- Support on 01/31/2019
- Support on 12/18/2018
- Support on 12/14/2018
- Resistance on 12/11/2018
- Support on 11/29/2018
- Support on 11/28/2018
- Support on 01/11/2018
- Resistance on 10/18/2017
- Resistance on 09/15/2017
- Resistance on 09/14/2017
- Support on 09/08/2017
- Support on 09/07/2017
- Resistance on 08/30/2017
- 1.6295
- Support on 03/27/2019
- Support on 03/26/2019
- Support on 10/03/2017
- Support on 10/02/2017
- Support on 09/27/2017
- Support on 09/18/2017
- Support on 06/03/2016
- Support on 04/28/2016
- Resistance on 04/19/2016
- Support on 03/30/2016
- Support on 03/10/2016
- Support on 03/09/2016
- Resistance on 03/04/2016
- Support on 02/26/2016
- Support on 01/08/2016
- Resistance on 01/06/2016
- Resistance on 12/15/2015
- Support on 11/19/2015
- Support on 11/03/2015
- Support on 11/02/2015
- Support on 10/29/2015
- Support on 10/28/2015
- Support on 10/27/2015
- Support on 10/26/2015
- Support on 10/23/2015
- Resistance on 06/26/2015
- Resistance on 06/25/2015
- Resistance on 06/24/2015
- Resistance on 06/17/2015
- Resistance on 04/29/2014
- Resistance on 03/18/2014
- Resistance on 03/17/2014
- Resistance on 03/14/2014
- Support on 03/12/2014
- Support on 03/11/2014
- Support on 03/07/2014
- Support on 03/06/2014
- Support on 03/05/2014
- Support on 02/28/2014
- Support on 02/27/2014
- Support on 02/13/2014
- Support on 02/12/2014
- Support on 01/23/2014
- Support on 01/22/2014
- Support on 01/16/2014
- Support on 01/15/2014
- Support on 01/14/2014
- Support on 01/13/2014
- Resistance on 11/20/2013
- Resistance on 11/14/2013
- Resistance on 11/11/2013
- Support on 11/04/2013
- Support on 11/01/2013
- Support on 10/08/2013
- Support on 10/07/2013
- Resistance on 09/30/2013
- Resistance on 09/24/2013
- Support on 09/13/2013
- Support on 09/12/2013
- Support on 06/05/2013
- Resistance on 06/03/2013
- Resistance on 01/30/2013
- 1.5830
- Support on 08/04/2017
- Resistance on 08/01/2017
- Resistance on 07/18/2017
- Resistance on 05/03/2017
- Resistance on 04/27/2017
- Resistance on 04/26/2017
- Resistance on 07/21/2016
- Resistance on 06/24/2016
- Resistance on 06/23/2016
- Support on 06/09/2016
- Support on 12/31/2015
- Support on 12/03/2015
- Resistance on 06/10/2015
- Resistance on 06/09/2015
- Resistance on 06/08/2015
- Resistance on 06/05/2015
- Resistance on 06/04/2015
- Resistance on 02/03/2015
- Support on 12/11/2014
- Support on 12/03/2014
- Support on 12/02/2014
- Support on 12/01/2014
- Support on 11/28/2014
- Support on 11/27/2014
- Resistance on 11/24/2014
- Resistance on 11/18/2014
- Resistance on 09/22/2014
- Resistance on 09/16/2014
- Resistance on 09/11/2014
- Resistance on 09/03/2014
- Resistance on 08/26/2014
- Resistance on 08/25/2014
- Resistance on 08/22/2014
- Resistance on 08/19/2014
- Resistance on 08/11/2014
- Resistance on 08/07/2014
- Resistance on 08/06/2014
- Resistance on 08/01/2014
- Resistance on 06/12/2014
- Support on 05/19/2014
- Support on 05/16/2014
- Support on 05/13/2014
- Support on 04/10/2014
- Support on 04/09/2014
- Support on 04/01/2014
- Support on 03/31/2014
- Support on 03/28/2014
Click on the level to view price action history. |