Midterm forecast: - While the price is below the resistance 2.04700, beginning of downtrend is expected.
- We make sure when the support at 1.96400 breaks.
- If the resistance at 2.04700 is broken, the short-term forecast -beginning of downtrend- will be invalid.
Technical analysis: - The RSI bounced from the support #1 at 45 and it prevented price from more losses.
- A peak is formed in daily chart at 2.0554 on 10/16/2019, so more losses to support(s) 2.0000 and minimum to Major Support (1.9640) 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 58.
Supports and Resistances: - 2.5870
- 2.4625
- Resistance on 09/22/2015
- Resistance on 09/21/2015
- Resistance on 09/17/2015
- Resistance on 09/10/2015
- 2.3645
- 2.2525
- Support on 12/09/2015
- Support on 12/08/2015
- Support on 12/01/2015
- Support on 10/27/2015
- Support on 10/23/2015
- Support on 10/16/2015
- Support on 10/15/2015
- 2.2000
- Resistance on 05/26/2016
- Resistance on 02/16/2016
- Support on 02/02/2016
- Resistance on 01/22/2016
- Support on 01/20/2016
- Support on 01/19/2016
- Support on 01/18/2016
- Support on 01/15/2016
- Support on 01/13/2016
- Support on 01/12/2016
- Support on 01/08/2016
- Resistance on 12/23/2015
- Resistance on 12/22/2015
- Support on 12/17/2015
- 2.1050
- Support on 05/09/2016
- Resistance on 05/03/2016
- Resistance on 04/29/2016
- Resistance on 04/22/2016
- Support on 03/25/2016
- Support on 03/22/2016
- Support on 03/18/2016
- Support on 03/17/2016
- Support on 03/16/2016
- Support on 03/09/2016
- Resistance on 03/07/2016
- Support on 02/23/2016
- Support on 02/22/2016
- Support on 05/20/2015
- Resistance on 05/15/2015
- Resistance on 05/14/2015
- Resistance on 09/29/2014
- Resistance on 05/23/2012
- 2.0660
- Resistance on 06/24/2016
- Resistance on 06/23/2016
- Resistance on 06/21/2016
- Resistance on 06/20/2016
- Support on 04/22/2016
- Resistance on 04/18/2016
- Resistance on 04/15/2016
- Resistance on 04/14/2016
- Support on 04/11/2016
- Support on 04/08/2016
- Support on 04/07/2016
- Support on 04/06/2016
- Support on 03/31/2016
- Support on 02/26/2016
- Resistance on 05/08/2015
- Resistance on 02/25/2015
- Resistance on 02/24/2015
- Resistance on 02/11/2015
- Resistance on 02/10/2015
- Resistance on 02/04/2015
- Resistance on 02/03/2015
- Resistance on 11/07/2014
- Resistance on 11/06/2014
- Resistance on 11/05/2014
- Resistance on 10/13/2014
- Resistance on 10/06/2014
- Support on 10/01/2014
- Resistance on 09/26/2014
- Resistance on 05/29/2012
- Resistance on 05/28/2012
- Support on 05/25/2012
- Support on 05/22/2012
- Support on 05/21/2012
- Support on 05/18/2012
- Support on 05/17/2012
- Support on 05/15/2012
- Resistance on 12/15/2011
- Resistance on 11/28/2011
- 2.0470
- Resistance on 10/17/2019
- Resistance on 10/16/2019
- Resistance on 10/11/2018
- Peak on 10/11/2018
- Resistance on 10/10/2018
- Resistance on 06/24/2016
- Resistance on 06/09/2016
- Support on 04/18/2016
- Support on 04/15/2016
- Support on 04/13/2016
- Resistance on 05/07/2015
- Support on 03/11/2015
- Resistance on 03/06/2015
- Resistance on 03/03/2015
- Support on 02/25/2015
- Resistance on 02/18/2015
- Resistance on 02/17/2015
- Support on 02/11/2015
- Support on 02/10/2015
- Support on 02/09/2015
- Support on 02/04/2015
- Support on 02/03/2015
- Resistance on 12/10/2014
- Resistance on 12/09/2014
- Resistance on 12/08/2014
- Support on 11/05/2014
- Support on 11/04/2014
- Support on 10/10/2014
- Support on 10/07/2014
- Support on 10/06/2014
- Resistance on 06/04/2012
- Resistance on 06/01/2012
- Support on 05/30/2012
- Support on 05/29/2012
- Support on 05/11/2012
- Support on 05/10/2012
- Support on 05/09/2012
- Resistance on 12/21/2011
- Resistance on 12/13/2011
- Resistance on 12/12/2011
- Support on 11/29/2011
- 1.9640
- Support on 10/11/2019
- Resistance on 10/03/2019
- Resistance on 09/30/2019
- Support on 09/25/2019
- Resistance on 09/17/2019
- Resistance on 09/16/2019
- Resistance on 05/21/2019
- Support on 05/03/2019
- Resistance on 11/06/2018
- Resistance on 11/01/2018
- Resistance on 10/31/2018
- Resistance on 10/30/2018
- Support on 10/26/2018
- Support on 10/02/2018
- Support on 10/01/2018
- Support on 09/28/2018
- Resistance on 09/06/2018
- Resistance on 09/05/2018
- Resistance on 09/04/2018
- Resistance on 05/18/2018
- Resistance on 05/17/2018
- Resistance on 05/14/2018
- Resistance on 05/10/2018
- Resistance on 04/24/2018
- Resistance on 03/22/2018
- Resistance on 03/21/2018
- Peak on 03/21/2018
- 1.8275
- Support on 07/30/2019
- Trough on 07/29/2019
- Support on 12/04/2018
- Resistance on 09/13/2017
- Resistance on 09/12/2017
- Resistance on 04/24/2017
- Resistance on 04/21/2017
- Resistance on 04/20/2017
- Resistance on 04/19/2017
- Resistance on 04/18/2017
- Resistance on 09/15/2016
- Resistance on 09/05/2016
- Resistance on 09/02/2016
- Resistance on 09/01/2016
- Resistance on 08/09/2016
- Support on 08/02/2016
- Support on 08/01/2016
- Support on 07/29/2016
- Resistance on 07/13/2016
- Support on 05/08/2013
- Resistance on 05/06/2013
- Resistance on 04/26/2013
- Resistance on 04/05/2013
- 1.8120
- Support on 12/12/2018
- Trough on 12/12/2018
Click on the level to view price action history. |