Midterm forecast: - While the price is below the resistance 137.450, beginning of downtrend is expected.
- We make sure when the support at 123.850 breaks.
- If the resistance at 137.450 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - While the RSI downtrend #1 is not broken, bearish wave in price would continue.
- A trough is formed in daily chart at 123.80 on 03/18/2020, so more gains maximum to Major Resistance (137.45) 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 50.
Supports and Resistances: - 149.50
- Resistance on 11/08/2018
- Peak on 11/08/2018
- Resistance on 10/08/2018
- Peak on 10/08/2018
- Resistance on 10/01/2018
- Resistance on 09/21/2018
- Resistance on 05/22/2018
- Resistance on 05/21/2018
- Resistance on 05/03/2018
- Support on 05/01/2018
- Resistance on 04/02/2018
- Resistance on 03/30/2018
- Resistance on 03/20/2018
- Resistance on 03/19/2018
- Resistance on 03/13/2018
- Resistance on 02/28/2018
- Support on 02/21/2018
- Support on 02/15/2018
- Support on 02/14/2018
- Support on 02/13/2018
- Support on 02/12/2018
- Support on 02/09/2018
- Support on 12/18/2017
- Support on 12/15/2017
- 146.50
- Resistance on 12/16/2019
- Resistance on 12/13/2019
- Resistance on 05/03/2019
- Peak on 05/03/2019
- Resistance on 04/12/2019
- Resistance on 04/05/2019
- Resistance on 04/02/2019
- Resistance on 03/27/2019
- Resistance on 03/26/2019
- Resistance on 03/21/2019
- Support on 03/05/2019
- Support on 02/27/2019
- Support on 11/14/2018
- Resistance on 11/01/2018
- Support on 10/15/2018
- Resistance on 07/26/2018
- Resistance on 07/05/2018
- Resistance on 07/03/2018
- Resistance on 07/02/2018
- Resistance on 06/22/2018
- Resistance on 06/19/2018
- Support on 06/15/2018
- Support on 06/14/2018
- Support on 06/11/2018
- Support on 06/08/2018
- Resistance on 06/04/2018
- Support on 05/23/2018
- Support on 03/09/2018
- Support on 03/08/2018
- Resistance on 03/02/2018
- 143.70
- Resistance on 02/26/2020
- Support on 02/21/2020
- Support on 02/20/2020
- Resistance on 01/24/2020
- Resistance on 01/21/2020
- Resistance on 12/27/2019
- Resistance on 12/19/2019
- Support on 12/17/2019
- Support on 12/13/2019
- Resistance on 12/10/2019
- Support on 04/26/2019
- Support on 04/25/2019
- Support on 03/29/2019
- Support on 03/11/2019
- Resistance on 02/04/2019
- Resistance on 01/30/2019
- Resistance on 01/24/2019
- Resistance on 01/23/2019
- Resistance on 12/14/2018
- Resistance on 12/13/2018
- Resistance on 12/10/2018
- Support on 12/06/2018
- Support on 08/31/2018
- Resistance on 08/28/2018
- Support on 08/07/2018
- Support on 06/28/2018
- Support on 05/30/2018
- Support on 05/29/2018
- Support on 06/28/2017
- Resistance on 06/02/2017
- Resistance on 06/01/2017
- Support on 05/23/2017
- Support on 05/19/2017
- Support on 05/18/2017
- Resistance on 04/27/2017
- Resistance on 02/02/2017
- Resistance on 02/01/2017
- Resistance on 01/25/2017
- Resistance on 01/09/2017
- Support on 12/26/2016
- Support on 12/23/2016
- Resistance on 12/08/2016
- Resistance on 12/01/2016
- Resistance on 07/15/2016
- 133.85
- Resistance on 03/26/2020
- Resistance on 03/13/2020
- Resistance on 03/12/2020
- Support on 03/09/2020
- Support on 10/11/2019
- Resistance on 09/25/2019
- Support on 09/17/2019
- Support on 07/18/2019
- Support on 07/17/2019
- Support on 07/16/2019
- Support on 01/03/2019
- Resistance on 08/29/2016
- Resistance on 08/26/2016
- Resistance on 08/09/2016
- Support on 08/02/2016
- Resistance on 07/11/2016
- 116.80
Click on the level to view price action history. |