Midterm forecast: - While the price is below the resistance 1.83550, beginning of downtrend is expected.
- We make sure when the support at 1.83550 breaks.
- If the resistance at 1.83550 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - A peak is formed in daily chart at 1.8415 on 03/19/2018, so more losses to support(s) 1.8050, 1.7730, 1.7465 and more depths 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.
Take Profits: - 1.7730
- Support on 03/12/2018
- Trough on 03/09/2018
- Support on 03/09/2018
- Resistance on 02/26/2018
- Resistance on 02/23/2018
- Resistance on 02/22/2018
- Resistance on 02/21/2018
- Resistance on 05/18/2017
- Resistance on 05/11/2017
- Trough on 07/27/2009
- Trough on 07/24/2009
- 1.7465
- Support on 02/15/2018
- Resistance on 02/07/2018
- Resistance on 01/30/2018
- Support on 01/25/2018
- Resistance on 01/23/2018
- Peak on 12/01/2017
- Resistance on 12/01/2017
- Resistance on 11/30/2017
- Resistance on 06/05/2017
- Resistance on 05/31/2017
- Resistance on 05/26/2017
- Resistance on 05/25/2017
- Support on 05/23/2017
- Support on 04/27/2017
- Resistance on 04/25/2017
- Resistance on 09/15/2016
- Resistance on 09/14/2016
- Resistance on 09/01/2016
- Resistance on 08/04/2016
- Resistance on 07/28/2016
- Resistance on 07/27/2016
- Resistance on 07/22/2016
- Resistance on 06/30/2016
- Resistance on 06/29/2016
- Resistance on 06/28/2016
- 1.7230
- Support on 01/19/2018
- Resistance on 01/17/2018
- Resistance on 12/18/2017
- Support on 11/30/2017
- Support on 05/31/2017
- Support on 05/30/2017
- Resistance on 04/19/2017
- Resistance on 04/18/2017
- Resistance on 09/28/2016
- Peak on 09/27/2016
- Resistance on 09/27/2016
- Resistance on 09/20/2016
- Resistance on 08/31/2016
- Resistance on 08/08/2016
- Resistance on 08/05/2016
- Support on 08/01/2016
- Support on 07/29/2016
- Support on 07/27/2016
- Support on 07/26/2016
- Support on 07/25/2016
- Resistance on 07/19/2016
- Resistance on 07/18/2016
- Resistance on 07/15/2016
- Resistance on 07/14/2016
- Support on 06/28/2016
- Support on 06/27/2016
- 1.6800
- Support on 01/10/2018
- Support on 01/09/2018
- Support on 01/08/2018
- Support on 01/05/2018
- Resistance on 11/14/2017
- Support on 10/27/2017
- Resistance on 09/29/2017
- Support on 07/03/2017
- Support on 06/30/2017
- Support on 06/28/2017
- Support on 06/19/2017
- Support on 06/15/2017
- Support on 06/14/2017
- Support on 06/13/2017
- Resistance on 04/06/2017
- Resistance on 03/28/2017
- Resistance on 03/27/2017
- 1.6520
- Resistance on 10/18/2017
- Resistance on 10/11/2017
- Resistance on 10/09/2017
- Support on 10/03/2017
- Support on 09/27/2017
- Resistance on 08/15/2017
- Resistance on 08/14/2017
- Resistance on 08/09/2017
- Resistance on 08/08/2017
- Support on 08/03/2017
- Support on 07/17/2017
- Support on 04/11/2017
- Support on 04/10/2017
- Support on 03/30/2017
- Resistance on 03/20/2017
- Resistance on 03/01/2017
- Resistance on 02/28/2017
- Resistance on 02/09/2017
- Resistance on 02/08/2017
- Resistance on 02/07/2017
- Resistance on 02/02/2017
- Resistance on 02/01/2017
- Resistance on 01/30/2017
- Resistance on 01/27/2017
- Resistance on 01/26/2017
- Resistance on 01/25/2017
- Resistance on 01/03/2017
- Support on 12/30/2016
- Support on 12/29/2016
- Support on 12/28/2016
- Support on 12/26/2016
- Support on 12/23/2016
- Support on 12/21/2016
- Support on 12/20/2016
- Support on 12/19/2016
- Support on 12/16/2016
- Support on 12/12/2016
- Support on 12/09/2016
- Resistance on 11/02/2016
- Resistance on 10/10/2016
- Support on 10/07/2016
- Trough on 12/30/2009
- Trough on 12/29/2009
- 1.6230
- Resistance on 08/29/2017
- Support on 08/17/2017
- Support on 07/21/2017
- Support on 02/27/2017
- Support on 02/20/2017
- Support on 02/17/2017
- Support on 02/15/2017
- Support on 02/14/2017
- Support on 02/06/2017
- Support on 02/03/2017
- Trough on 10/14/2009
- Trough on 10/13/2009
- 1.5755
- Support on 01/16/2017
- Trough on 10/07/2016
- Support on 10/07/2016
- 1.5285
- Support on 04/04/2013
- Support on 04/03/2013
- Support on 03/11/2013
- Support on 03/08/2013
- Support on 07/21/2011
- Support on 07/20/2011
- Support on 07/19/2011
- Support on 07/13/2011
- Support on 07/08/2011
- Support on 07/07/2011
- Trough on 01/07/2011
- Support on 01/07/2011
- Trough on 01/06/2011
- Trough on 01/05/2011
- Trough on 01/04/2011
- Trough on 01/03/2011
- Support on 01/03/2011
- 1.4830
- Support on 05/19/2010
- Support on 05/18/2010
- Trough on 05/14/2010
- Support on 05/14/2010
- Trough on 05/13/2010
- Support on 05/13/2010
Click on the level to view price action history. |