Midterm forecast: - While the price is below the resistance 2.07500, beginning of downtrend is expected.
- We make sure when the support at 1.95250 breaks.
- If the resistance at 2.07500 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - There is a divergence in RSI and price between the peak at 1.97415 on 2020-01-31 and the peak at 2.0768 on 2020-03-09, the probability of uptrend continuation is decreased and the probability of beginning of downtrend is increased.
- The RSI uptrend #1 is broken, so the probability of beginning of downtrend is increased.
- A trough is formed in daily chart at 1.9715 on 03/11/2020, so more gains to resistance(s) 2.0535 and maximum to Major Resistance (2.0750) 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 65.
Supports and Resistances: - 1.8650
- Support on 12/27/2019
- Support on 12/24/2019
- Support on 12/23/2019
- Support on 11/11/2019
- Resistance on 11/08/2019
- Support on 11/06/2019
- Support on 11/05/2019
- Support on 10/31/2019
- Resistance on 10/14/2019
- Resistance on 10/11/2019
- Resistance on 05/15/2019
- Resistance on 05/10/2019
- Resistance on 03/27/2019
- Resistance on 03/22/2019
- Resistance on 03/08/2019
- Resistance on 03/05/2019
- Resistance on 03/04/2019
- Resistance on 02/27/2019
- Resistance on 01/03/2019
- Support on 04/11/2016
- Support on 04/08/2016
- Support on 03/31/2016
- Support on 03/23/2016
- Support on 03/22/2016
- Support on 03/17/2016
- Support on 01/23/2015
- Resistance on 01/13/2015
- Resistance on 01/09/2015
- Support on 01/06/2015
- Resistance on 11/06/2014
- Resistance on 11/05/2014
- Resistance on 10/01/2014
- Resistance on 09/30/2014
- Resistance on 09/29/2014
- Resistance on 03/05/2014
- Resistance on 03/04/2014
- 1.8365
- Support on 10/11/2019
- Resistance on 10/03/2019
- Resistance on 10/02/2019
- Resistance on 10/01/2019
- Resistance on 09/25/2019
- Resistance on 09/24/2019
- Resistance on 06/25/2019
- Resistance on 06/24/2019
- Resistance on 06/20/2019
- Resistance on 06/19/2019
- Resistance on 06/18/2019
- Resistance on 06/17/2019
- Resistance on 06/14/2019
- Resistance on 06/13/2019
- Resistance on 06/12/2019
- Support on 05/22/2019
- Support on 05/21/2019
- Support on 05/20/2019
- Resistance on 04/29/2019
- Resistance on 04/26/2019
- Resistance on 04/12/2019
- Resistance on 04/11/2019
- Resistance on 04/10/2019
- Support on 04/04/2019
- Support on 04/02/2019
- Support on 03/21/2019
- Resistance on 02/22/2019
- Resistance on 01/29/2019
- Resistance on 01/03/2019
- Resistance on 10/23/2018
- Resistance on 10/22/2018
- Support on 10/17/2018
- Support on 10/15/2018
- Support on 10/05/2018
- Resistance on 09/18/2018
- Resistance on 09/11/2018
- 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
- 1.7560
- Support on 07/30/2019
- Support on 12/19/2018
- Resistance on 12/14/2018
- Resistance on 12/12/2018
- Resistance on 12/11/2018
- Resistance on 12/05/2018
- Resistance on 11/29/2018
- Support on 11/27/2018
- Support on 11/22/2018
- Support on 11/21/2018
- Support on 08/23/2018
- Resistance on 08/16/2018
- Resistance on 08/15/2018
- Support on 08/03/2018
- Support on 07/19/2018
- Support on 06/13/2018
- Support on 06/12/2018
- Support on 06/11/2018
- Support on 06/01/2018
- Support on 05/29/2018
- Support on 02/13/2018
- Resistance on 01/23/2018
- 1.7285
- Support on 12/12/2018
- Support on 12/05/2018
- Support on 08/09/2018
- Trough on 08/09/2018
- Support on 01/19/2018
- Support on 01/18/2018
- Support on 01/17/2018
- Support on 01/16/2018
- Support on 01/15/2018
- 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
- 1.6550
- Resistance on 08/15/2017
- Resistance on 08/11/2017
- Resistance on 08/09/2017
- Resistance on 08/04/2017
- Resistance on 07/31/2017
- Resistance on 04/17/2017
- Resistance on 04/14/2017
- Resistance on 04/10/2017
- Resistance on 04/07/2017
- Resistance on 04/06/2017
- Resistance on 03/28/2017
- Resistance on 03/27/2017
- Support on 02/01/2017
- Resistance on 01/24/2017
- Resistance on 01/23/2017
- Resistance on 01/11/2017
- Support on 11/29/2016
Click on the level to view price action history. |