Midterm forecast: - While the price is above the support 1.24700, beginning of uptrend is expected.
- We make sure when the resistance at 1.26850 breaks.
- If the support at 1.24700 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - The RSI bounced from the support #1 at 25 and it prevented price from more losses.
- A trough is formed in daily chart at 1.2380 on 12/10/2018, so more gains maximum to Major Resistance (1.2685) 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 39.
Supports and Resistances: - 1.6005
- 1.5535
- Resistance on 12/01/2015
- Resistance on 11/27/2015
- Resistance on 11/20/2015
- Resistance on 11/19/2015
- Resistance on 11/18/2015
- Resistance on 01/15/2015
- Resistance on 01/14/2015
- Resistance on 01/02/2015
- Resistance on 10/01/2014
- 1.4805
- Resistance on 01/06/2016
- Resistance on 01/05/2016
- Resistance on 01/04/2016
- Resistance on 12/31/2015
- Resistance on 12/23/2015
- Resistance on 12/22/2015
- Support on 12/17/2015
- Support on 12/16/2015
- Support on 12/14/2015
- Resistance on 10/21/2015
- Resistance on 10/20/2015
- Resistance on 10/19/2015
- Support on 10/08/2015
- Resistance on 10/06/2015
- Resistance on 10/05/2015
- Resistance on 10/02/2015
- Resistance on 10/01/2015
- Support on 09/25/2015
- Support on 09/24/2015
- Support on 09/03/2015
- Support on 08/31/2015
- Support on 08/28/2015
- Support on 07/27/2015
- Resistance on 07/02/2015
- Resistance on 07/01/2015
- Resistance on 06/29/2015
- Resistance on 06/25/2015
- Resistance on 03/19/2015
- Support on 03/17/2015
- Support on 03/16/2015
- Support on 03/09/2015
- Resistance on 03/04/2015
- Support on 05/08/2014
- Support on 05/02/2014
- Support on 04/30/2014
- Support on 04/25/2014
- Support on 04/24/2014
- Support on 04/23/2014
- Resistance on 04/09/2014
- Resistance on 04/08/2014
- Resistance on 04/04/2014
- Resistance on 04/03/2014
- Resistance on 03/04/2014
- Resistance on 02/25/2014
- Resistance on 02/24/2014
- Support on 02/20/2014
- Support on 02/19/2014
- Support on 02/18/2014
- Support on 01/30/2014
- Support on 01/29/2014
- Resistance on 11/28/2013
- Resistance on 11/22/2013
- Resistance on 11/20/2013
- Resistance on 11/07/2013
- Resistance on 09/18/2013
- Resistance on 09/13/2013
- Resistance on 05/17/2013
- Resistance on 05/15/2013
- Resistance on 01/22/2013
- Support on 01/15/2013
- Resistance on 01/11/2013
- Support on 01/09/2013
- Support on 01/08/2013
- Support on 12/20/2012
- Support on 12/19/2012
- Support on 12/17/2012
- Support on 06/18/2012
- Support on 06/13/2012
- Resistance on 05/03/2012
- Resistance on 05/02/2012
- Resistance on 04/30/2012
- Resistance on 01/06/2012
- 1.4555
- Resistance on 05/31/2016
- Resistance on 05/30/2016
- Resistance on 05/27/2016
- Resistance on 01/22/2016
- Resistance on 01/14/2016
- Resistance on 01/13/2016
- Resistance on 01/08/2016
- Support on 10/13/2015
- Support on 07/13/2015
- Support on 07/10/2015
- Support on 06/23/2015
- 1.4200
- Resistance on 06/21/2016
- Resistance on 06/07/2016
- Support on 06/02/2016
- Resistance on 05/17/2016
- Resistance on 04/27/2016
- Resistance on 04/26/2016
- Resistance on 03/14/2016
- Resistance on 03/10/2016
- Resistance on 03/09/2016
- Resistance on 03/08/2016
- Resistance on 03/07/2016
- Resistance on 02/17/2016
- Resistance on 02/12/2016
- Support on 02/08/2016
- Support on 01/21/2016
- 1.3855
- Resistance on 04/18/2018
- Peak on 04/18/2018
- 1.3725
- Resistance on 04/25/2018
- Support on 04/18/2018
- Resistance on 04/13/2018
- Support on 06/13/2016
- Support on 06/10/2016
- Support on 03/24/2016
- Support on 03/23/2016
- Support on 02/24/2016
- 1.3475
- Support on 05/16/2018
- Resistance on 04/03/2018
- Resistance on 03/29/2018
- Resistance on 03/28/2018
- Resistance on 03/26/2018
- Resistance on 03/22/2018
- Resistance on 01/25/2018
- Resistance on 01/24/2018
- Resistance on 12/08/2017
- 1.3360
- Support on 03/27/2018
- Support on 03/26/2018
- Support on 03/23/2018
- Support on 03/22/2018
- Resistance on 03/19/2018
- Resistance on 01/26/2018
- Resistance on 01/19/2018
- Resistance on 01/18/2018
- Resistance on 01/17/2018
- 1.3155
- Resistance on 11/13/2018
- Resistance on 11/09/2018
- Resistance on 11/08/2018
- Resistance on 11/07/2018
- Resistance on 07/11/2018
- Resistance on 07/06/2018
- Resistance on 07/05/2018
- Resistance on 07/04/2018
- Resistance on 06/22/2018
- Support on 06/18/2018
- Support on 06/14/2018
- Support on 06/13/2018
- Support on 06/12/2018
- Support on 06/06/2018
- Support on 05/25/2018
- Support on 03/15/2018
- Resistance on 03/08/2018
- Resistance on 02/08/2018
- Resistance on 02/05/2018
- Support on 01/31/2018
- Support on 01/30/2018
- Support on 01/29/2018
- Support on 01/02/2018
- Support on 12/21/2017
- Support on 12/19/2017
- Support on 12/18/2017
- Support on 12/13/2017
- Support on 12/04/2017
- Resistance on 11/28/2017
- Resistance on 11/21/2017
- Resistance on 11/20/2017
- Resistance on 11/17/2017
- Resistance on 11/10/2017
- Resistance on 11/08/2017
- Resistance on 11/06/2017
- Resistance on 10/30/2017
- Resistance on 10/25/2017
- Resistance on 09/25/2017
- 1.2945
- Support on 11/12/2018
- Trough on 11/12/2018
- Support on 10/19/2018
- Support on 10/15/2018
- Trough on 10/15/2018
- Support on 08/02/2018
- Support on 07/31/2018
- Trough on 07/31/2018
- Support on 02/14/2018
- Support on 02/13/2018
- Support on 02/12/2018
- Support on 02/09/2018
- Support on 11/15/2017
- Resistance on 10/17/2017
- Resistance on 10/13/2017
- Resistance on 10/12/2017
- Resistance on 10/04/2017
- Resistance on 10/03/2017
- Support on 09/29/2017
- Support on 09/25/2017
- 1.2865
- Resistance on 11/19/2018
- Support on 11/01/2018
- Resistance on 10/25/2018
- Resistance on 10/03/2018
- Resistance on 10/01/2018
- Support on 08/07/2018
- Support on 03/02/2018
- Support on 10/12/2017
- Support on 10/04/2017
- Support on 10/02/2017
- Support on 09/15/2017
- Resistance on 05/16/2017
- Support on 05/12/2017
- Resistance on 05/02/2017
- Resistance on 05/01/2017
- Resistance on 04/18/2017
- Resistance on 12/15/2016
- Resistance on 12/14/2016
- Resistance on 12/13/2016
- Resistance on 12/12/2016
- Resistance on 12/06/2016
- Resistance on 12/05/2016
- Resistance on 12/02/2016
- Resistance on 12/01/2016
- Resistance on 09/16/2016
- Support on 09/14/2016
- Support on 09/13/2016
- Support on 09/08/2016
- Resistance on 08/30/2016
- Resistance on 08/26/2016
- Support on 08/03/2016
- Support on 07/28/2016
- Support on 07/26/2016
- Support on 07/19/2016
- Support on 07/04/2016
- Support on 07/01/2016
- Support on 06/30/2016
- Support on 06/28/2016
- Support on 06/27/2016
- Support on 06/24/2016
- 1.2755
- Resistance on 12/05/2018
- Resistance on 12/04/2018
- Resistance on 12/03/2018
- Support on 11/26/2018
- Support on 11/23/2018
- Support on 11/19/2018
- Support on 10/30/2018
- Trough on 10/30/2018
- Support on 10/03/2018
- Support on 10/02/2018
- Support on 10/01/2018
- Resistance on 09/26/2018
- Resistance on 09/20/2018
- Resistance on 09/19/2018
- Resistance on 09/11/2018
- Resistance on 08/10/2018
- Support on 10/06/2017
- Resistance on 09/13/2017
- Resistance on 09/12/2017
- Resistance on 08/04/2017
- Resistance on 07/28/2017
- Support on 05/03/2017
- Support on 04/27/2017
- Resistance on 04/25/2017
- Resistance on 04/24/2017
- Support on 12/16/2016
- Resistance on 12/01/2016
- Resistance on 11/30/2016
- Support on 08/26/2016
- Support on 08/09/2016
- Support on 08/05/2016
- Support on 08/04/2016
- Support on 08/02/2016
- Support on 07/29/2016
- Support on 07/12/2016
- Resistance on 07/08/2016
- Resistance on 07/07/2016
- Resistance on 07/06/2016
- Support on 01/21/2015
- 1.2220
- Support on 08/29/2017
- Support on 03/16/2017
- Support on 03/14/2017
- Resistance on 01/16/2017
- Support on 01/13/2017
- Resistance on 11/09/2016
- Resistance on 10/25/2016
- 1.1900
- Support on 11/02/2016
- Support on 11/01/2016
- Support on 10/07/2016
- Support on 01/15/2015
Click on the level to view price action history. |