Midterm forecast: - There is no trend in the market and the price is in a range bound, but we forecast resumption of downtrend.
Technical analysis: - A trough is formed in daily chart at 1.2195 on 12/28/2016, so more gains to resistance(s) 1.2800, 1.3120, 1.3500 and more heights 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 38.
Supports and Resistances: - 1.1925
- Trough on 10/10/2016
- Trough on 10/07/2016
- Support on 10/07/2016
- 1.2800
- 1.3120
- Peak on 09/22/2016
- Support on 09/01/2016
- Support on 08/26/2016
- Support on 07/28/2016
- Support on 07/27/2016
- Support on 07/26/2016
- Support on 07/25/2016
- Support on 07/15/2016
- Support on 07/14/2016
- Support on 07/13/2016
- Support on 06/27/2016
- 1.3500
- Resistance on 07/15/2016
- Resistance on 07/14/2016
- Resistance on 06/30/2016
- Resistance on 06/29/2016
- Resistance on 06/27/2016
- Support on 06/24/2016
- Trough on 01/26/2009
- Trough on 01/23/2009
- Support on 01/23/2009
- 1.3680
- Support on 03/12/2009
- Support on 03/11/2009
- Support on 03/10/2009
- Support on 01/26/2009
- Support on 01/25/2009
- Support on 01/23/2009
- Support on 01/22/2009
- Support on 01/21/2009
- Support on 06/24/2001
- Support on 06/12/2001
- Support on 06/10/2001
- 1.3835
- Trough on 03/02/2016
- Trough on 03/01/2016
- Support on 02/29/2016
- Trough on 02/29/2016
- Support on 02/26/2016
- Support on 03/18/2009
- 1.4045
- Support on 06/16/2016
- Support on 04/08/2016
- Support on 04/07/2016
- Support on 04/06/2016
- Support on 03/24/2016
- Support on 03/16/2016
- Support on 03/03/2016
- Resistance on 02/26/2016
- Resistance on 02/24/2016
- Support on 02/22/2016
- Support on 03/18/2009
- Support on 03/17/2009
- Resistance on 03/13/2009
- Support on 03/06/2009
- Support on 03/05/2009
- Support on 03/04/2009
- Support on 03/03/2009
- Support on 03/02/2009
- Support on 02/02/2009
- Support on 01/29/2009
- Resistance on 01/26/2009
- Resistance on 01/22/2009
- Resistance on 01/21/2009
- Support on 01/29/2002
- Support on 01/28/2002
- Support on 11/23/2001
- 1.4430
- Support on 06/20/2016
- Support on 06/07/2016
- Support on 06/06/2016
- Support on 05/23/2016
- Support on 05/18/2016
- Resistance on 05/16/2016
- Support on 05/12/2016
- Support on 05/11/2016
- Support on 05/05/2016
- Resistance on 04/22/2016
- Resistance on 04/21/2016
- Resistance on 04/19/2016
- Resistance on 03/31/2016
- Resistance on 03/30/2016
- Resistance on 03/11/2016
- Support on 02/15/2016
- Support on 02/12/2016
- Support on 02/11/2016
- Support on 02/10/2016
- Support on 02/09/2016
- Support on 02/08/2016
- Resistance on 01/15/2016
- Support on 01/12/2016
- Support on 06/09/2010
- Support on 06/08/2010
- Support on 06/01/2010
- Support on 05/31/2010
- Support on 05/28/2010
- Support on 05/17/2010
- Support on 04/23/2009
- Support on 04/22/2009
- 1.4565
- Resistance on 06/08/2016
- Resistance on 06/07/2016
- Resistance on 06/03/2016
- Resistance on 02/12/2016
- Resistance on 02/11/2016
- Resistance on 02/10/2016
- Resistance on 01/12/2016
- Support on 01/07/2016
- Trough on 04/15/2015
- Trough on 04/14/2015
- Trough on 04/13/2015
- Support on 04/13/2015
- 1.4735
- Resistance on 06/22/2016
- Resistance on 06/21/2016
- Resistance on 06/20/2016
- Resistance on 05/31/2016
- Resistance on 05/26/2016
- Resistance on 05/25/2016
- Resistance on 05/03/2016
- Support on 12/31/2015
- Support on 04/15/2015
- Resistance on 04/10/2015
- Support on 04/01/2015
- Support on 03/31/2015
- Support on 03/30/2015
- Support on 03/20/2015
- Support on 03/19/2015
- Support on 03/18/2015
- Support on 03/17/2015
- Support on 03/16/2015
- Support on 03/15/2015
- Support on 03/13/2015
- Support on 06/22/2010
- Support on 06/21/2010
- Resistance on 06/11/2010
- Resistance on 06/10/2010
- Resistance on 06/03/2010
- Resistance on 06/02/2010
- Resistance on 06/01/2010
- Support on 05/11/2010
- Support on 05/10/2010
- Support on 05/07/2010
- Support on 05/06/2010
- Support on 05/01/2009
- Support on 04/30/2009
- Resistance on 04/24/2009
- Resistance on 04/23/2009
- Resistance on 04/21/2009
- Support on 04/17/2009
- Resistance on 04/09/2009
- Resistance on 04/08/2009
- Support on 04/06/2009
- Resistance on 04/02/2009
- Resistance on 03/25/2009
- Resistance on 03/24/2009
- Support on 02/09/2009
- Resistance on 01/14/2009
- Resistance on 01/05/2009
- Resistance on 12/29/2008
- Support on 12/22/2008
- Support on 12/10/2008
- Support on 12/09/2008
- Support on 12/03/2008
- Support on 11/14/2008
- Support on 11/13/2008
- Resistance on 06/13/2002
- Resistance on 06/12/2002
- Resistance on 06/11/2002
- Support on 10/08/2001
- Support on 10/05/2001
- Resistance on 09/19/2001
- Resistance on 09/18/2001
- Resistance on 09/14/2001
- Resistance on 09/13/2001
- Resistance on 03/09/2001
- Resistance on 03/07/2001
- Resistance on 03/05/2001
- Resistance on 03/02/2001
- Resistance on 01/23/2001
- Resistance on 01/19/2001
- Support on 01/15/2001
- Resistance on 12/14/2000
- Resistance on 10/13/2000
- Resistance on 10/12/2000
- Resistance on 09/22/2000
- Resistance on 08/29/2000
- Support on 05/24/2000
- Support on 05/23/2000
- Support on 05/19/2000
- 1.4825
- Resistance on 01/04/2016
- Resistance on 12/31/2015
- Support on 12/23/2015
- Support on 12/22/2015
- Support on 04/16/2015
- Support on 04/03/2015
- Support on 03/27/2015
- Support on 03/26/2015
- Support on 03/25/2015
- Support on 03/24/2015
- Support on 03/23/2015
- Resistance on 03/17/2015
- Resistance on 03/16/2015
- Support on 07/09/2013
- Support on 03/12/2013
- 1.5100
- Support on 12/14/2015
- Support on 11/26/2015
- Support on 11/23/2015
- Support on 11/10/2015
- Support on 10/01/2015
- Support on 09/30/2015
- Support on 05/05/2015
- Support on 05/04/2015
- Support on 05/01/2015
- Support on 04/27/2015
- Resistance on 04/22/2015
- Resistance on 03/18/2015
- Resistance on 03/11/2015
- Resistance on 01/26/2015
- Support on 01/21/2015
- Support on 01/20/2015
- Support on 01/19/2015
- Support on 01/16/2015
- Support on 01/13/2015
- Support on 01/12/2015
- Support on 01/07/2015
- Trough on 08/07/2013
- Trough on 08/06/2013
- Trough on 08/05/2013
- Trough on 08/02/2013
- Trough on 09/01/2011
- 1.5240
- Peak on 12/15/2015
- Peak on 12/14/2015
- Resistance on 12/14/2015
- Resistance on 12/11/2015
- Peak on 12/11/2015
- Resistance on 11/18/2015
- Resistance on 11/17/2015
- Resistance on 11/16/2015
- Resistance on 11/13/2015
- Resistance on 11/12/2015
- Trough on 11/02/2015
- Trough on 10/30/2015
- Trough on 10/29/2015
- Support on 10/29/2015
- Support on 10/28/2015
- Support on 10/14/2015
- Support on 10/13/2015
- Resistance on 10/06/2015
- Resistance on 10/05/2015
- Resistance on 10/02/2015
- Support on 09/24/2015
- Support on 09/23/2015
- Support on 09/03/2015
- Support on 06/08/2015
- Support on 06/05/2015
- Support on 06/03/2015
- Support on 05/29/2015
- Support on 05/08/2015
- Resistance on 04/27/2015
- Resistance on 03/06/2015
- Support on 02/06/2015
- Resistance on 02/04/2015
- Resistance on 01/16/2015
- Resistance on 01/15/2015
- Resistance on 01/14/2015
- Peak on 07/02/2013
- Peak on 07/09/2010
- Peak on 07/08/2010
- 1.5355
- Resistance on 10/28/2015
- Resistance on 10/27/2015
- Resistance on 10/26/2015
- Resistance on 10/13/2015
- Resistance on 10/12/2015
- Resistance on 10/09/2015
- Resistance on 10/08/2015
- Support on 09/22/2015
- Support on 09/10/2015
- Support on 08/28/2015
- Support on 08/27/2015
- Support on 07/10/2015
- Support on 07/09/2015
- Support on 07/08/2015
- Support on 06/10/2015
- Resistance on 06/08/2015
- Resistance on 06/03/2015
- Resistance on 06/02/2015
- Support on 05/26/2015
- Resistance on 05/01/2015
- Resistance on 04/28/2015
- Support on 03/03/2015
- Support on 03/02/2015
- Support on 02/23/2015
- Support on 02/20/2015
- Support on 02/16/2015
- Peak on 07/30/2013
- 1.5495
- Peak on 11/04/2015
- Peak on 11/03/2015
- Peak on 11/02/2015
- Resistance on 11/02/2015
- Resistance on 10/22/2015
- Resistance on 10/20/2015
- Resistance on 10/19/2015
- Resistance on 10/16/2015
- Resistance on 10/15/2015
- Resistance on 10/14/2015
- Resistance on 09/16/2015
- Resistance on 08/27/2015
- Support on 08/06/2015
- Support on 07/27/2015
- Support on 07/24/2015
- Support on 07/23/2015
- Support on 05/20/2015
- Support on 05/19/2015
- Resistance on 05/08/2015
- Peak on 05/01/2015
- Resistance on 04/30/2015
- Peak on 04/30/2015
- Resistance on 04/29/2015
- Peak on 04/29/2015
- Support on 08/03/2012
- Support on 08/02/2012
- Support on 07/26/2012
- Support on 07/25/2012
- Support on 07/24/2012
- Support on 07/23/2012
- Support on 07/11/2012
- Support on 07/10/2012
- Support on 07/05/2012
- Support on 06/28/2012
- Support on 06/15/2012
- Support on 06/14/2012
- Support on 06/13/2012
- Resistance on 05/31/2012
- Resistance on 01/19/2012
- Resistance on 01/11/2012
- Support on 01/05/2012
- Support on 01/03/2012
- Support on 01/02/2012
- Support on 12/16/2011
- Support on 11/29/2011
- Support on 11/24/2011
- Support on 11/23/2011
- Resistance on 09/23/2011
- Support on 09/21/2011
- Support on 01/11/2011
- Support on 01/10/2011
- Support on 01/05/2011
- Resistance on 12/31/2010
- Resistance on 12/28/2010
- Resistance on 12/22/2010
- Support on 12/20/2010
- Support on 12/17/2010
- Support on 12/02/2010
- Support on 11/30/2010
- Support on 09/21/2010
- Support on 09/15/2010
- Resistance on 09/13/2010
- Resistance on 09/09/2010
- Resistance on 09/08/2010
- Resistance on 09/06/2010
- Resistance on 09/01/2010
- Support on 08/23/2010
- Support on 08/20/2010
- Support on 08/19/2010
- Support on 08/18/2010
- Resistance on 07/26/2010
- Peak on 04/27/2010
- Resistance on 04/27/2010
- Peak on 04/26/2010
- Resistance on 04/26/2010
- Resistance on 04/15/2010
- Support on 04/15/2010
- 1.5895
- Resistance on 06/22/2015
- Resistance on 06/19/2015
- Resistance on 06/18/2015
- Resistance on 11/10/2014
- Resistance on 11/07/2014
- Support on 11/05/2014
- Support on 10/15/2014
- Support on 10/14/2014
- Support on 11/13/2013
- Support on 11/12/2013
- Support on 11/04/2013
- Trough on 10/21/2013
- Trough on 10/18/2013
- Trough on 10/17/2013
- Support on 10/16/2013
- Trough on 10/16/2013
- Support on 09/18/2013
- Resistance on 09/13/2013
- Peak on 01/21/2013
- Support on 11/21/2012
- Resistance on 11/16/2012
- Resistance on 11/14/2012
- Support on 11/09/2012
- Resistance on 09/04/2012
- Resistance on 09/03/2012
- Resistance on 08/31/2012
- Resistance on 08/23/2012
- Support on 05/16/2012
- Support on 04/18/2012
- Support on 04/17/2012
- Support on 04/12/2012
- Resistance on 04/10/2012
- Resistance on 04/09/2012
- Resistance on 04/06/2012
- Resistance on 04/05/2012
- Support on 04/03/2012
- Resistance on 03/23/2012
- Resistance on 03/22/2012
- Resistance on 03/21/2012
- Resistance on 03/20/2012
- Resistance on 03/19/2012
- Resistance on 03/06/2012
- Resistance on 02/27/2012
- Resistance on 02/09/2012
- Resistance on 02/01/2012
- Resistance on 11/18/2011
- Trough on 11/15/2011
- Support on 11/14/2011
- Support on 11/11/2011
- Support on 11/10/2011
- Support on 11/09/2011
- Support on 11/03/2011
- Support on 11/01/2011
- Support on 09/08/2011
- Support on 07/13/2011
- Support on 07/12/2011
- Support on 07/11/2011
- Support on 01/27/2011
- Support on 01/21/2011
- Support on 01/20/2011
- Resistance on 01/17/2011
- Resistance on 01/14/2011
- Resistance on 01/13/2011
- Resistance on 12/14/2010
- Support on 12/14/2010
- Trough on 01/08/2010
- Trough on 01/07/2010
- 1.6060
- Resistance on 10/15/2014
- Support on 10/13/2014
- Support on 10/10/2014
- Support on 10/08/2014
- Support on 10/07/2014
- Support on 09/10/2014
- Support on 09/09/2014
- Support on 11/21/2013
- Resistance on 11/05/2013
- Resistance on 10/16/2013
- Support on 10/08/2013
- Resistance on 09/23/2013
- Resistance on 09/20/2013
- Support on 01/15/2013
- Support on 01/14/2013
- Support on 01/07/2013
- Support on 01/04/2013
- Support on 12/27/2012
- Support on 12/11/2012
- Resistance on 12/07/2012
- Resistance on 11/30/2012
- Resistance on 11/27/2012
- Resistance on 11/23/2012
- Support on 10/31/2012
- Resistance on 10/24/2012
- Support on 10/16/2012
- Support on 10/15/2012
- Support on 10/04/2012
- Support on 10/03/2012
- Support on 05/14/2012
- Support on 05/11/2012
- Support on 05/09/2012
- Resistance on 04/19/2012
- Peak on 04/06/2012
- Peak on 04/05/2012
- Peak on 04/04/2012
- Peak on 04/03/2012
- Resistance on 04/03/2012
- Peak on 04/02/2012
- Support on 04/02/2012
- Resistance on 04/02/2012
- Trough on 05/30/2011
- Trough on 05/27/2011
- Trough on 05/26/2011
- Trough on 05/25/2011
- Trough on 05/24/2011
- 1.6455
- Resistance on 09/19/2014
- Support on 09/03/2014
- Support on 03/24/2014
- Resistance on 02/11/2014
- Support on 01/30/2014
- Support on 01/22/2014
- Resistance on 01/20/2014
- Resistance on 01/17/2014
- Resistance on 01/15/2014
- Resistance on 01/14/2014
- Resistance on 01/08/2014
- Resistance on 12/18/2013
- Resistance on 12/11/2013
- Resistance on 12/10/2013
- Peak on 09/02/2011
- Peak on 09/01/2011
- Peak on 08/31/2011
- Peak on 08/30/2011
- Resistance on 08/29/2011
- Peak on 08/29/2011
- Resistance on 08/16/2011
- Resistance on 08/04/2011
- Resistance on 08/01/2011
- Resistance on 07/29/2011
- Resistance on 06/14/2011
- Resistance on 06/09/2011
- Resistance on 06/08/2011
- Resistance on 06/07/2011
- Resistance on 06/06/2011
- Resistance on 06/01/2011
- Support on 05/04/2011
- Support on 05/03/2011
- Support on 04/27/2011
- Support on 04/26/2011
- Peak on 01/20/2010
- Peak on 01/19/2010
- 1.6745
- Support on 06/11/2014
- Support on 06/10/2014
- Support on 06/03/2014
- Support on 05/15/2014
- Support on 05/14/2014
- Resistance on 04/15/2014
- Resistance on 04/14/2014
- Support on 04/10/2014
- Support on 04/09/2014
- Resistance on 03/10/2014
- Resistance on 03/07/2014
- Resistance on 03/06/2014
- Resistance on 03/05/2014
- Resistance on 03/03/2014
- Resistance on 02/28/2014
- Resistance on 02/19/2014
- Resistance on 02/18/2014
- Resistance on 02/14/2014
- Peak on 05/04/2011
- Peak on 05/03/2011
- Resistance on 05/02/2011
- Peak on 05/02/2011
- Peak on 04/29/2011
- Resistance on 04/28/2011
- Peak on 04/28/2011
- Resistance on 04/27/2011
- 1.7180
- Resistance on 07/15/2014
- Peak on 07/09/2014
- Peak on 07/08/2014
- Peak on 07/07/2014
- Peak on 07/04/2014
- Resistance on 07/04/2014
Click on the level to view price action history. |