Midterm forecast: - While the price is below the resistance 1.20100, continuation of downtrend is expected.
- We make sure when the support at 1.14850 breaks.
- If the resistance at 1.20100 is broken, the short-term forecast -continuation of downtrend- will be invalid.
Technical analysis: - While the RSI support #1 at 52 is not broken, the probability of price decrease would be too low.
- A peak is formed in daily chart at 1.2010 on 09/01/2020, so more losses to support(s) 1.1695, 1.1600 and minimum to Major Support (1.1485) 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 54.
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
- 1.2010
- Resistance on 09/01/2020
- Peak on 09/01/2020
- Support on 01/04/2018
- Support on 01/03/2018
- Resistance on 12/29/2017
- Resistance on 09/22/2017
- Resistance on 09/20/2017
- Resistance on 09/19/2017
- Resistance on 08/29/2017
- 1.1910
- Resistance on 09/10/2020
- Resistance on 08/28/2020
- Resistance on 08/27/2020
- Resistance on 08/06/2020
- Resistance on 08/05/2020
- Resistance on 07/31/2020
- Support on 05/11/2018
- Support on 05/07/2018
- Support on 05/04/2018
- Support on 01/09/2018
- Resistance on 12/27/2017
- Resistance on 12/01/2017
- Resistance on 11/30/2017
- Resistance on 11/28/2017
- Resistance on 09/25/2017
- Support on 09/18/2017
- Support on 09/15/2017
- Support on 09/07/2017
- Resistance on 09/04/2017
- Resistance on 09/01/2017
- Resistance on 08/31/2017
- Resistance on 08/02/2017
- 1.1695
- Support on 08/03/2020
- Support on 07/28/2020
- Resistance on 09/19/2018
- Resistance on 09/18/2018
- Resistance on 09/17/2018
- Resistance on 09/14/2018
- Resistance on 09/13/2018
- Resistance on 08/31/2018
- Resistance on 08/28/2018
- Resistance on 08/27/2018
- Resistance on 08/01/2018
- Resistance on 07/24/2018
- Resistance on 07/13/2018
- Resistance on 07/12/2018
- Resistance on 07/05/2018
- Resistance on 07/02/2018
- Resistance on 06/29/2018
- Resistance on 06/01/2018
- Resistance on 05/31/2018
- Resistance on 05/28/2018
- Support on 05/23/2018
- Resistance on 11/03/2017
- Resistance on 11/02/2017
- Support on 10/06/2017
- Support on 10/05/2017
- Support on 10/03/2017
- Support on 08/17/2017
- Support on 08/16/2017
- Support on 08/15/2017
- Support on 08/10/2017
- Support on 08/09/2017
- 1.1485
- Resistance on 03/09/2020
- Resistance on 02/01/2019
- Resistance on 01/31/2019
- Resistance on 01/30/2019
- Resistance on 01/15/2019
- Support on 01/10/2019
- Resistance on 01/08/2019
- Resistance on 01/07/2019
- Resistance on 01/02/2019
- Resistance on 12/20/2018
- Resistance on 11/07/2018
- Support on 10/10/2018
- Support on 10/09/2018
- Support on 10/08/2018
- Support on 10/05/2018
- Resistance on 08/20/2018
- Support on 07/20/2017
- Resistance on 07/17/2017
- Resistance on 07/12/2017
- Resistance on 07/11/2017
- Resistance on 05/06/2016
- Resistance on 10/15/2015
- Resistance on 10/14/2015
- Support on 08/25/2015
- Resistance on 02/06/2015
- Resistance on 02/05/2015
- Resistance on 02/04/2015
- Resistance on 02/03/2015
- Support on 01/16/2015
- 1.1410
- Resistance on 07/14/2020
- Resistance on 06/11/2020
- Resistance on 06/10/2020
- Resistance on 06/25/2019
- Resistance on 06/24/2019
- Resistance on 03/01/2019
- Resistance on 02/28/2019
- Resistance on 02/27/2019
- Resistance on 02/26/2019
- Resistance on 02/06/2019
- Support on 01/30/2019
- Resistance on 01/25/2019
- Support on 01/15/2019
- Resistance on 01/04/2019
- Resistance on 01/03/2019
- Resistance on 12/19/2018
- Resistance on 12/18/2018
- Resistance on 12/10/2018
- Resistance on 12/07/2018
- Resistance on 12/06/2018
- Resistance on 12/04/2018
- Resistance on 11/23/2018
- Resistance on 11/22/2018
- Resistance on 11/21/2018
- Resistance on 11/05/2018
- Resistance on 11/02/2018
- Resistance on 11/01/2018
- Support on 08/20/2018
- Resistance on 08/16/2018
- Resistance on 08/14/2018
- Support on 08/10/2018
- Support on 07/12/2017
- Resistance on 07/10/2017
- Resistance on 06/24/2016
- Resistance on 06/23/2016
- Resistance on 06/09/2016
- Resistance on 06/08/2016
- Resistance on 04/12/2016
- Resistance on 04/08/2016
- Resistance on 04/07/2016
- Resistance on 04/06/2016
- Resistance on 04/05/2016
- Resistance on 04/04/2016
- Resistance on 04/01/2016
- Resistance on 03/31/2016
- Resistance on 10/13/2015
- Support on 08/25/2015
- Resistance on 06/22/2015
- Resistance on 06/18/2015
- Resistance on 05/14/2015
- Resistance on 02/20/2015
- Resistance on 02/19/2015
- Resistance on 02/16/2015
- Resistance on 02/13/2015
- Resistance on 02/12/2015
- Resistance on 01/27/2015
- 1.0350
- Support on 01/03/2017
- Support on 12/20/2016
Click on the level to view price action history. |
