Midterm forecast: - While the price is below the resistance 153.400, beginning of downtrend is expected.
- We make sure when the support at 147.050 breaks.
- If the resistance at 153.400 is broken, the short-term forecast -beginning of downtrend- will be invalid.
- We will close our open trades, if the Midterm level 147.050 is broken.
Technical analysis: - A trough is formed in daily chart at 149.40 on 12/15/2017, so more gains to resistance(s) 154.70, 158.40, 162.45 and more heights 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 64.
Take Profits: - 142.20
- Resistance on 09/04/2017
- Resistance on 08/17/2017
- Support on 08/09/2017
- Support on 06/27/2017
- Resistance on 06/26/2017
- Resistance on 06/20/2017
- Resistance on 06/19/2017
- Resistance on 06/16/2017
- Support on 06/08/2017
- Support on 06/02/2017
- Support on 05/31/2017
- Support on 05/30/2017
- Support on 05/29/2017
- Support on 05/26/2017
- Resistance on 02/22/2017
- Resistance on 02/16/2017
- Resistance on 02/10/2017
- Resistance on 01/23/2017
- Resistance on 01/20/2017
- Resistance on 01/19/2017
- Support on 01/05/2017
- Support on 12/29/2016
- Resistance on 07/21/2016
- Resistance on 07/15/2016
- Resistance on 07/14/2016
- 145.30
- Support on 09/14/2017
- Resistance on 07/21/2017
- Support on 07/19/2017
- Support on 07/18/2017
- Support on 07/12/2017
- Resistance on 06/28/2017
- Resistance on 05/25/2017
- Resistance on 05/24/2017
- Resistance on 05/23/2017
- Resistance on 05/19/2017
- Resistance on 05/04/2017
- Resistance on 05/03/2017
- Resistance on 05/02/2017
- Peak on 01/03/2017
- Resistance on 01/03/2017
- Resistance on 12/22/2016
- Support on 12/14/2016
- Resistance on 12/09/2016
- Resistance on 12/06/2016
- Resistance on 12/05/2016
- Resistance on 12/01/2016
- Support on 06/16/2016
- Resistance on 03/21/2013
- Resistance on 03/20/2013
- Resistance on 03/15/2013
- Resistance on 02/19/2013
- Resistance on 02/18/2013
- Resistance on 02/15/2013
- Resistance on 02/14/2013
- Support on 02/12/2013
- Support on 02/08/2013
- Support on 02/05/2013
- Resistance on 01/31/2013
- Resistance on 04/30/2010
- Resistance on 04/27/2010
- Resistance on 04/26/2010
- 147.70
- Support on 11/28/2017
- Support on 11/27/2017
- Support on 11/23/2017
- Support on 11/20/2017
- Support on 10/17/2017
- Support on 10/12/2017
- Support on 10/11/2017
- Support on 10/10/2017
- Support on 10/05/2017
- Resistance on 09/14/2017
- Resistance on 07/17/2017
- Resistance on 07/14/2017
- Resistance on 07/11/2017
- Resistance on 07/07/2017
- Resistance on 05/09/2017
- Resistance on 12/15/2016
- Support on 06/17/2016
- Support on 06/16/2016
- Support on 08/07/2013
- Support on 06/17/2013
- Support on 06/14/2013
- Support on 06/13/2013
- Support on 04/16/2013
- Support on 04/15/2013
- Resistance on 02/12/2013
- Resistance on 02/11/2013
- Resistance on 02/07/2013
- Support on 01/20/2010
- Support on 01/19/2010
- Support on 01/18/2010
- Resistance on 01/17/2010
- Support on 01/07/2010
- Resistance on 11/25/2009
- Resistance on 11/24/2009
- Resistance on 11/23/2009
- Support on 11/19/2009
- Support on 11/04/2009
- Support on 11/03/2009
- Support on 10/30/2009
- Support on 10/29/2009
- 151.60
- Support on 12/29/2017
- Resistance on 12/26/2017
- Resistance on 12/14/2017
- Resistance on 12/13/2017
- Resistance on 12/12/2017
- Resistance on 12/05/2017
- Resistance on 12/04/2017
- Resistance on 11/02/2017
- Resistance on 11/01/2017
- Resistance on 09/28/2017
- Resistance on 09/27/2017
- Resistance on 09/25/2017
- Resistance on 09/20/2017
- Resistance on 09/19/2017
- Resistance on 09/18/2017
- Resistance on 09/15/2017
- Resistance on 06/14/2016
- Support on 06/10/2016
- Trough on 04/11/2016
- Trough on 04/08/2016
- Trough on 04/07/2016
- Support on 04/07/2016
- 154.70
- Resistance on 06/22/2016
- Resistance on 06/21/2016
- Support on 06/09/2016
- Support on 06/08/2016
- Support on 06/07/2016
- Support on 05/05/2016
- Support on 05/04/2016
- Support on 05/03/2016
- Support on 05/02/2016
- Support on 04/29/2016
- Resistance on 04/11/2016
- Support on 04/06/2016
- Trough on 02/26/2016
- Trough on 02/25/2016
- Trough on 02/24/2016
- Support on 02/24/2016
- Trough on 10/14/2013
- Trough on 10/11/2013
- Trough on 10/10/2013
- Trough on 10/09/2013
- 158.40
- Resistance on 06/24/2016
- Resistance on 06/23/2016
- Resistance on 05/17/2016
- Resistance on 05/12/2016
- Resistance on 04/21/2016
- Support on 04/04/2016
- Trough on 03/24/2016
- Support on 03/24/2016
- Trough on 03/23/2016
- Support on 03/23/2016
- Trough on 03/22/2016
- Support on 03/22/2016
- Resistance on 02/26/2016
- 162.45
- Resistance on 05/25/2016
- Resistance on 04/28/2016
- Resistance on 04/27/2016
- Resistance on 04/26/2016
- Resistance on 03/30/2016
- Resistance on 03/29/2016
- Support on 03/14/2016
- Resistance on 03/10/2016
- Resistance on 03/04/2016
- Support on 02/17/2016
- Support on 02/16/2016
- Support on 02/12/2016
- Support on 02/11/2016
- 170.00
- Resistance on 02/08/2016
- Support on 02/04/2016
- Support on 01/29/2016
- Resistance on 01/27/2016
- Resistance on 01/26/2016
- Resistance on 01/25/2016
- Resistance on 01/22/2016
- Support on 01/11/2016
- Support on 01/08/2016
- Support on 10/17/2014
- Support on 10/14/2014
- Support on 09/08/2014
- Support on 05/30/2014
- Support on 05/29/2014
- Support on 05/28/2014
- Support on 05/21/2014
- Support on 05/19/2014
- Support on 05/15/2014
- Support on 04/15/2014
- Support on 04/14/2014
- Support on 04/11/2014
- Support on 04/10/2014
- Support on 04/08/2014
- Resistance on 03/27/2014
- Support on 03/12/2014
- Support on 03/05/2014
- Resistance on 03/03/2014
- Support on 02/28/2014
- Support on 02/27/2014
- Support on 02/26/2014
- Support on 02/25/2014
- Support on 02/24/2014
- Support on 02/21/2014
- Support on 02/20/2014
- Support on 01/28/2014
- Support on 01/17/2014
- Support on 01/16/2014
- Resistance on 12/10/2013
- 174.80
- Resistance on 02/02/2016
- Resistance on 02/01/2016
- Resistance on 01/06/2016
- Support on 01/04/2016
- Support on 04/14/2015
- Support on 10/31/2014
- Resistance on 10/29/2014
- Resistance on 10/28/2014
- Resistance on 10/09/2014
- Resistance on 10/08/2014
- Support on 10/06/2014
- Support on 10/03/2014
- Support on 10/02/2014
- Resistance on 09/12/2014
- Resistance on 07/02/2014
- Peak on 01/07/2014
- Peak on 01/06/2014
- Peak on 01/03/2014
- Peak on 01/02/2014
- Resistance on 01/02/2014
- Peak on 01/30/2012
- 180.40
- Resistance on 12/22/2015
- Support on 12/18/2015
- Trough on 09/09/2015
- Trough on 09/08/2015
- Trough on 09/07/2015
- Support on 09/07/2015
- Support on 09/04/2015
- 195.85
- Peak on 06/26/2015
- Peak on 06/25/2015
- Resistance on 06/24/2015
- Peak on 06/24/2015
Click on the level to view price action history. |