Midterm forecast: - While the price is above the support 1.87200, continuation of uptrend is expected.
- We make sure when the resistance at 1.95250 breaks.
- If the support at 1.87200 is broken, the short-term forecast -continuation of uptrend- will be invalid.
Technical analysis: - While the RSI uptrend #1 is not broken, bullish wave in price would continue.
- A peak is formed in daily chart at 1.9525 on 12/16/2019, so more losses minimum to Major Support (1.8720) 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 42.
Supports and Resistances: - 1.8165
- Support on 10/04/2019
- Support on 10/01/2019
- Support on 09/30/2019
- Resistance on 09/16/2019
- Resistance on 09/13/2019
- Resistance on 08/30/2019
- Resistance on 08/29/2019
- Resistance on 08/22/2019
- Resistance on 08/07/2019
- Resistance on 07/02/2019
- Resistance on 07/01/2019
- Resistance on 06/28/2019
- Resistance on 06/27/2019
- Support on 06/07/2019
- Support on 06/06/2019
- Support on 05/31/2019
- Support on 04/23/2019
- Support on 04/16/2019
- Support on 02/21/2019
- Resistance on 02/18/2019
- Support on 01/23/2019
- Resistance on 01/03/2019
- Resistance on 01/02/2019
- Resistance on 12/31/2018
- Resistance on 10/01/2018
- Resistance on 09/28/2018
- Resistance on 09/27/2018
- Resistance on 09/26/2018
- Support on 09/13/2018
- Support on 09/12/2018
- Support on 09/10/2018
- 1.7880
- Support on 09/12/2019
- Support on 09/09/2019
- Resistance on 08/15/2019
- Resistance on 08/14/2019
- Resistance on 08/13/2019
- Resistance on 08/09/2019
- Resistance on 08/02/2019
- Resistance on 08/01/2019
- Resistance on 07/15/2019
- Support on 07/12/2019
- Support on 07/05/2019
- Support on 02/06/2019
- Support on 02/05/2019
- Resistance on 01/15/2019
- Resistance on 01/14/2019
- Resistance on 01/10/2019
- Support on 11/14/2018
- Support on 11/13/2018
- Support on 11/12/2018
- Support on 10/31/2018
- Support on 10/30/2018
- Support on 09/05/2018
- Resistance on 07/17/2018
- Resistance on 07/16/2018
- Resistance on 06/29/2018
- Resistance on 06/28/2018
- Resistance on 06/27/2018
- Resistance on 06/20/2018
- Resistance on 06/19/2018
- 1.6860
- Support on 10/25/2017
- Resistance on 10/20/2017
- Resistance on 10/19/2017
- Support on 10/12/2017
- Resistance on 09/20/2017
- Support on 07/04/2017
- Resistance on 06/26/2017
- Resistance on 06/19/2017
- Resistance on 06/16/2017
- Support on 06/09/2017
- Support on 01/05/2017
- Support on 01/04/2017
- Support on 12/16/2016
- Support on 12/15/2016
- Support on 12/14/2016
- Resistance on 12/09/2016
- 1.5790
- Support on 10/26/2016
- Support on 10/07/2016
Click on the level to view price action history. |