Midterm forecast: - While the price is above the support 1.24750, beginning of uptrend is expected.
- We make sure when the resistance at 1.29200 breaks.
- If the support at 1.24750 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - The RSI bounced from the downtrend #1 and it prevented price from more gains.
- A trough is formed in daily chart at 1.2398 on 01/03/2019, so more gains maximum to Major Resistance (1.2920) 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 57.
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
- 1.3430
- Resistance on 06/14/2018
- Resistance on 06/12/2018
- Resistance on 06/11/2018
- Resistance on 06/08/2018
- Resistance on 06/07/2018
- Resistance on 06/06/2018
- 1.3200
- Resistance on 10/17/2018
- Resistance on 10/16/2018
- Resistance on 10/10/2018
- Resistance on 09/26/2018
- Resistance on 09/25/2018
- Resistance on 09/19/2018
- Resistance on 07/26/2018
- Resistance on 07/25/2018
- Support on 07/12/2018
- Support on 07/11/2018
- Support on 07/09/2018
- Support on 07/06/2018
- Support on 07/05/2018
- Support on 06/26/2018
- Support on 06/15/2018
- Support on 05/29/2018
- 1.3040
- Resistance on 11/15/2018
- Resistance on 11/14/2018
- Resistance on 11/13/2018
- Support on 11/08/2018
- Resistance on 11/05/2018
- Resistance on 11/02/2018
- Resistance on 11/01/2018
- Support on 10/09/2018
- Resistance on 10/04/2018
- Resistance on 09/12/2018
- Resistance on 09/11/2018
- Resistance on 09/10/2018
- Resistance on 08/30/2018
- Resistance on 08/29/2018
- Support on 07/18/2018
- Support on 06/28/2018
- 1.2920
- Resistance on 11/22/2018
- Resistance on 11/12/2018
- Resistance on 10/25/2018
- Support on 10/04/2018
- Trough on 10/04/2018
- Support on 10/03/2018
- Resistance on 09/05/2018
- Resistance on 08/28/2018
- Resistance on 08/23/2018
- Resistance on 08/22/2018
- Resistance on 08/21/2018
- Resistance on 08/09/2018
- Support on 08/07/2018
- Support on 08/06/2018
- Support on 09/05/2017
- Support on 09/04/2017
- Support on 09/01/2017
- Resistance on 08/21/2017
- Resistance on 08/18/2017
- 1.2345
- Support on 03/21/2017
- Support on 02/07/2017
- Resistance on 01/19/2017
- Resistance on 01/04/2017
- Resistance on 01/02/2017
- Resistance on 12/30/2016
- Support on 12/21/2016
- Support on 12/20/2016
- Support on 12/19/2016
- Support on 11/23/2016
- Resistance on 11/02/2016
- Resistance on 10/19/2016
- 1.2155
- Support on 03/13/2017
- Support on 03/10/2017
- Support on 03/09/2017
- Support on 03/08/2017
- Support on 03/07/2017
- Support on 01/13/2017
- Support on 01/12/2017
- Support on 01/11/2017
- Support on 01/10/2017
- Support on 01/09/2017
- Support on 10/31/2016
- Support on 10/28/2016
- Support on 10/27/2016
- Support on 10/26/2016
- Support on 10/25/2016
- Support on 10/21/2016
- Support on 10/14/2016
- Support on 10/13/2016
- Support on 10/07/2016
- 1.1990
- Support on 01/16/2017
- Support on 10/07/2016
Click on the level to view price action history. |