Midterm forecast: - While the price is below the resistance 1.11450, beginning of downtrend is expected.
- We make sure when the support at 1.06350 breaks.
- If the resistance at 1.11450 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - The symmetrical triangle taking shape and as a continuation pattern suggests we will soon see another leg higher if price breaks and closes above the downtrend line of the triangle.
- A peak is formed in daily chart at 1.1015 on 05/01/2020, so more losses to support(s) 1.0765 and minimum to Major Support (1.0635) 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 46.
Supports and Resistances: - 1.2555
- Resistance on 02/16/2018
- Peak on 02/16/2018
- 1.2230
- Support on 04/06/2018
- Support on 04/05/2018
- Support on 02/27/2018
- Support on 02/12/2018
- Support on 02/09/2018
- Support on 02/08/2018
- 1.2030
- Support on 01/12/2018
- Resistance on 01/08/2018
- Resistance on 12/29/2017
- Resistance on 09/20/2017
- Resistance on 09/11/2017
- Resistance on 09/07/2017
- Resistance on 08/29/2017
- 1.1865
- Resistance on 12/14/2017
- Resistance on 12/04/2017
- Resistance on 11/29/2017
- Resistance on 11/15/2017
- Resistance on 10/20/2017
- Resistance on 10/19/2017
- Resistance on 10/13/2017
- Resistance on 10/12/2017
- Resistance on 10/11/2017
- Resistance on 09/26/2017
- Support on 09/21/2017
- Support on 09/20/2017
- Support on 09/14/2017
- Support on 09/13/2017
- Support on 09/05/2017
- Support on 09/04/2017
- Support on 08/31/2017
- 1.1725
- Resistance on 09/18/2018
- Resistance on 09/14/2018
- Resistance on 08/30/2018
- Resistance on 08/28/2018
- Resistance on 07/31/2018
- Resistance on 07/30/2018
- Resistance on 07/24/2018
- Resistance on 07/20/2018
- Resistance on 07/17/2018
- Resistance on 07/16/2018
- Resistance on 07/05/2018
- Resistance on 06/26/2018
- Support on 06/13/2018
- Support on 06/12/2018
- Resistance on 06/05/2018
- Resistance on 06/04/2018
- Resistance on 06/01/2018
- Resistance on 05/31/2018
- Resistance on 05/28/2018
- Resistance on 05/25/2018
- Support on 05/21/2018
- Support on 12/13/2017
- Support on 12/12/2017
- Support on 12/08/2017
- Support on 11/22/2017
- Support on 11/21/2017
- Support on 11/20/2017
- Support on 10/23/2017
- Support on 10/18/2017
- Support on 10/03/2017
- Support on 10/02/2017
- Support on 09/28/2017
- Support on 09/27/2017
- Support on 08/21/2017
- Support on 08/16/2017
- Support on 08/15/2017
- Support on 08/10/2017
- Support on 08/09/2017
- Support on 08/08/2017
- 1.1570
- Resistance on 01/10/2019
- Peak on 01/10/2019
- Resistance on 10/03/2018
- Support on 10/01/2018
- Support on 09/28/2018
- Support on 09/12/2018
- Support on 09/11/2018
- Support on 09/05/2018
- Support on 09/04/2018
- Resistance on 08/21/2018
- Support on 08/08/2018
- Support on 07/19/2018
- Support on 06/21/2018
- Support on 06/20/2018
- Support on 06/19/2018
- Support on 06/18/2018
- Support on 11/07/2017
- Support on 10/27/2017
- Resistance on 07/18/2017
- Resistance on 05/03/2016
- Resistance on 08/26/2015
- 1.1450
- Resistance on 03/10/2020
- Resistance on 03/09/2020
- Resistance on 03/20/2019
- Resistance on 01/29/2019
- Resistance on 01/28/2019
- Support on 01/14/2019
- Support on 01/11/2019
- Resistance on 01/02/2019
- Resistance on 12/31/2018
- Resistance on 12/28/2018
- Resistance on 12/27/2018
- Resistance on 12/21/2018
- Resistance on 12/20/2018
- Resistance on 12/10/2018
- Resistance on 11/08/2018
- Resistance on 11/07/2018
- Resistance on 11/02/2018
- Support on 10/23/2018
- Support on 10/22/2018
- Support on 10/19/2018
- Support on 10/18/2018
- Support on 10/09/2018
- Resistance on 08/17/2018
- Resistance on 07/13/2017
- Resistance on 06/30/2017
- Resistance on 06/29/2017
- Resistance on 05/11/2016
- Support on 05/02/2016
- Resistance on 04/12/2016
- Resistance on 04/11/2016
- Resistance on 04/07/2016
- Resistance on 09/18/2015
- Resistance on 09/17/2015
- Support on 08/25/2015
- Resistance on 06/18/2015
- Resistance on 05/18/2015
- Resistance on 05/14/2015
- Resistance on 02/19/2015
- Resistance on 02/17/2015
- Resistance on 02/13/2015
- Support on 01/16/2015
- 1.1345
- Resistance on 03/12/2020
- Resistance on 03/11/2020
- Support on 03/09/2020
- Resistance on 03/06/2020
- Support on 06/28/2019
- Support on 06/27/2019
- Support on 06/26/2019
- Support on 06/25/2019
- Resistance on 06/12/2019
- Resistance on 06/07/2019
- Support on 03/21/2019
- Support on 03/20/2019
- Resistance on 03/18/2019
- Resistance on 03/15/2019
- Resistance on 03/13/2019
- Resistance on 03/05/2019
- Support on 03/01/2019
- Support on 02/26/2019
- Resistance on 02/22/2019
- Resistance on 02/21/2019
- Resistance on 02/20/2019
- Resistance on 02/19/2019
- Resistance on 02/13/2019
- Resistance on 02/12/2019
- Support on 01/23/2019
- Support on 01/22/2019
- Support on 01/18/2019
- Support on 01/04/2019
- Support on 12/27/2018
- Support on 12/26/2018
- Support on 12/18/2018
- Support on 12/13/2018
- Support on 12/10/2018
- Resistance on 12/05/2018
- Resistance on 11/27/2018
- Resistance on 11/15/2018
- Resistance on 11/14/2018
- Support on 11/08/2018
- Resistance on 10/31/2018
- Support on 10/26/2018
- Support on 07/06/2017
- Support on 07/03/2017
- Resistance on 06/27/2017
- Resistance on 08/26/2016
- Resistance on 08/23/2016
- Resistance on 06/22/2016
- Resistance on 06/21/2016
- Resistance on 06/20/2016
- Support on 04/29/2016
- Resistance on 04/27/2016
- Resistance on 04/26/2016
- Support on 04/12/2016
- Support on 04/08/2016
- Support on 04/07/2016
- Resistance on 03/30/2016
- Resistance on 03/18/2016
- Resistance on 03/17/2016
- Resistance on 02/12/2016
- Resistance on 02/11/2016
- Resistance on 02/09/2016
- Resistance on 10/22/2015
- Support on 10/16/2015
- Resistance on 09/14/2015
- Resistance on 09/11/2015
- Resistance on 09/01/2015
- Resistance on 08/27/2015
- Resistance on 06/23/2015
- Resistance on 06/17/2015
- Resistance on 06/16/2015
- Resistance on 06/11/2015
- Resistance on 06/10/2015
- Resistance on 06/09/2015
- Resistance on 06/04/2015
- Support on 05/15/2015
- Support on 05/14/2015
- Support on 02/20/2015
- Support on 02/19/2015
- Support on 02/18/2015
- Support on 02/17/2015
- 1.0350
- Support on 01/03/2017
- Support on 12/20/2016
Click on the level to view price action history. |