Midterm forecast: - There is no trend in the market and the price is in a range bound, but we forecast a downtrend wave below 1.23000 would begin in Midterm.
Technical analysis: - While the RSI downtrend #1 is not broken, bearish wave in price would continue.
- A trough is formed in daily chart at 1.2380 on 07/17/2019, so more gains to resistance(s) 1.2100 and maximum to Major Resistance (1.2300) 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 25.
Supports and Resistances: - 1.4345
- Resistance on 04/17/2018
- Resistance on 04/16/2018
- Resistance on 01/25/2018
- Peak on 01/25/2018
- Support on 06/06/2016
- Support on 05/16/2016
- Support on 05/13/2016
- Resistance on 04/21/2016
- Resistance on 04/12/2016
- Support on 02/08/2016
- Resistance on 01/22/2016
- Resistance on 01/19/2016
- 1.3970
- Support on 04/05/2018
- Resistance on 03/16/2018
- Resistance on 03/15/2018
- Resistance on 03/14/2018
- Resistance on 03/13/2018
- Resistance on 02/27/2018
- Support on 02/20/2018
- Support on 02/19/2018
- Resistance on 02/09/2018
- Resistance on 02/08/2018
- Resistance on 02/07/2018
- Support on 01/30/2018
- 1.3655
- Resistance on 09/20/2017
- Peak on 09/20/2017
- Support on 06/24/2016
- Support on 03/11/2009
- Support on 03/10/2009
- Support on 01/26/2009
- Support on 01/23/2009
- Support on 01/22/2009
- Support on 01/21/2009
- 1.3380
- Resistance on 03/13/2019
- Peak on 03/13/2019
- Resistance on 06/14/2018
- Resistance on 06/13/2018
- Resistance on 06/12/2018
- Resistance on 06/04/2018
- Resistance on 05/25/2018
- Resistance on 05/24/2018
- Support on 05/21/2018
- Resistance on 12/26/2017
- 1.3170
- Resistance on 05/06/2019
- Peak on 05/03/2019
- Resistance on 04/04/2019
- Resistance on 04/03/2019
- Resistance on 03/28/2019
- Support on 03/26/2019
- Support on 03/25/2019
- Support on 03/20/2019
- Support on 03/18/2019
- Resistance on 03/07/2019
- Support on 03/05/2019
- Support on 03/04/2019
- Support on 03/01/2019
- Resistance on 01/31/2019
- Resistance on 01/29/2019
- Resistance on 11/07/2018
- Resistance on 10/15/2018
- Resistance on 09/27/2018
- Resistance on 09/24/2018
- Resistance on 09/19/2018
- Resistance on 09/18/2018
- Resistance on 09/17/2018
- Resistance on 07/31/2018
- Resistance on 07/24/2018
- Resistance on 07/23/2018
- Support on 07/13/2018
- Support on 07/12/2018
- Support on 07/04/2018
- Support on 06/21/2018
- Support on 06/19/2018
- Resistance on 11/15/2017
- Resistance on 11/14/2017
- Resistance on 11/13/2017
- Resistance on 11/09/2017
- Resistance on 11/08/2017
- Resistance on 11/07/2017
- Resistance on 11/06/2017
- Support on 10/23/2017
- Support on 10/18/2017
- Support on 10/17/2017
- Resistance on 10/09/2017
- Support on 09/14/2017
- Resistance on 08/04/2017
- Support on 09/15/2016
- Support on 09/14/2016
- Support on 09/13/2016
- Resistance on 08/31/2016
- Resistance on 08/22/2016
- Resistance on 08/19/2016
- Resistance on 08/18/2016
- Support on 08/02/2016
- Support on 08/01/2016
- Support on 07/21/2016
- Support on 07/18/2016
- Support on 07/15/2016
- Support on 06/30/2016
- Support on 06/28/2016
- Support on 06/27/2016
- 1.2865
- Resistance on 05/16/2019
- Support on 04/25/2019
- Trough on 04/25/2019
- Resistance on 02/14/2019
- Support on 02/07/2019
- Support on 01/22/2019
- Support on 01/21/2019
- Support on 01/18/2019
- Support on 01/17/2019
- Resistance on 01/15/2019
- Resistance on 01/14/2019
- Resistance on 01/11/2019
- Resistance on 11/26/2018
- Resistance on 11/20/2018
- Resistance on 11/19/2018
- Resistance on 11/16/2018
- Support on 11/14/2018
- Support on 10/24/2018
- Support on 09/03/2018
- Support on 08/29/2018
- Resistance on 08/24/2018
- Support on 08/08/2018
- Support on 08/31/2017
- Support on 08/28/2017
- Support on 08/18/2017
- Support on 08/17/2017
- Support on 08/16/2017
- Support on 08/15/2017
- Support on 07/13/2017
- Support on 07/10/2017
- Support on 07/07/2017
- Resistance on 06/27/2017
- Support on 06/06/2017
- Support on 06/02/2017
- Support on 06/01/2017
- Support on 05/16/2017
- Support on 05/12/2017
- Support on 05/11/2017
- Support on 05/04/2017
- Support on 05/03/2017
- Support on 05/02/2017
- Resistance on 04/26/2017
- Resistance on 04/19/2017
- Resistance on 04/18/2017
- Resistance on 10/04/2016
- Support on 08/16/2016
- Support on 08/15/2016
- Support on 07/11/2016
- Support on 07/08/2016
- Support on 07/07/2016
- Support on 07/06/2016
- 1.2775
- Resistance on 06/25/2019
- Resistance on 06/24/2019
- Support on 02/15/2019
- Support on 02/14/2019
- Trough on 02/13/2019
- Resistance on 01/08/2019
- Resistance on 01/07/2019
- Resistance on 01/02/2019
- Resistance on 12/31/2018
- Support on 11/29/2018
- Support on 11/21/2018
- Support on 11/20/2018
- Support on 11/19/2018
- Resistance on 10/31/2018
- Support on 10/26/2018
- Support on 09/05/2018
- Resistance on 08/14/2018
- Resistance on 08/13/2018
- 1.2655
- Resistance on 07/02/2019
- Support on 06/28/2019
- Support on 06/27/2019
- Support on 06/26/2019
- Resistance on 06/19/2019
- Support on 06/13/2019
- Support on 06/10/2019
- Support on 06/04/2019
- Support on 05/24/2019
- Support on 05/23/2019
- Support on 05/22/2019
- Support on 01/15/2019
- Resistance on 12/27/2018
- Resistance on 12/21/2018
- Resistance on 12/20/2018
- Resistance on 12/19/2018
- Resistance on 12/18/2018
- Resistance on 12/17/2018
- Resistance on 12/14/2018
- Resistance on 12/13/2018
- Resistance on 12/12/2018
- Support on 12/04/2018
- Support on 08/15/2018
- Support on 06/22/2017
- Support on 06/13/2017
- Support on 06/12/2017
- Support on 06/09/2017
- Resistance on 01/26/2017
- Resistance on 12/08/2016
- Resistance on 12/01/2016
- Resistance on 11/11/2016
- 1.2560
- Resistance on 07/19/2019
- Resistance on 07/18/2019
- Resistance on 07/11/2019
- Support on 07/04/2019
- Support on 07/03/2019
- Support on 05/31/2019
- Support on 01/03/2019
- Support on 12/17/2018
- Support on 12/14/2018
- Resistance on 12/11/2018
- Support on 04/18/2017
- Resistance on 04/13/2017
- Resistance on 04/12/2017
- Resistance on 04/03/2017
- Resistance on 03/31/2017
- Resistance on 03/28/2017
- Resistance on 03/27/2017
- 1.1990
- Support on 01/16/2017
- Support on 10/07/2016
Click on the level to view price action history. |