Midterm forecast: - While the price is below the resistance 0.62050, resumption of downtrend is expected.
- We make sure when the support at 0.58400 breaks.
- If the resistance at 0.62050 is broken, the short-term forecast -resumption of downtrend- will be invalid.
Technical analysis: - A trough is formed in daily chart at 0.5920 on 04/16/2020, so more gains to resistance(s) 0.6070 and maximum to Major Resistance (0.6205) 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 50.
Supports and Resistances: - 0.6755
- Resistance on 12/31/2019
- Support on 04/16/2019
- Support on 04/03/2019
- Support on 03/06/2019
- Support on 02/22/2019
- Support on 01/25/2019
- Support on 01/24/2019
- Support on 01/17/2019
- Support on 01/16/2019
- Resistance on 01/08/2019
- Resistance on 01/07/2019
- Resistance on 01/04/2019
- Support on 12/20/2018
- Support on 12/19/2018
- Support on 11/27/2018
- Support on 11/26/2018
- Support on 11/23/2018
- Support on 11/14/2018
- Resistance on 11/12/2018
- Resistance on 11/09/2018
- Support on 07/27/2018
- Support on 07/18/2018
- Support on 07/17/2018
- Support on 07/16/2018
- Support on 07/13/2018
- Resistance on 07/03/2018
- 0.6580
- Support on 01/23/2020
- Support on 01/22/2020
- Support on 01/15/2020
- Support on 12/19/2019
- Resistance on 12/06/2019
- Support on 07/10/2019
- Support on 06/24/2019
- Resistance on 05/16/2019
- Support on 05/10/2019
- Support on 04/25/2019
- Support on 04/24/2019
- Support on 01/03/2019
- Resistance on 10/18/2018
- Resistance on 10/17/2018
- Resistance on 10/16/2018
- Support on 10/02/2018
- Resistance on 09/18/2018
- Resistance on 09/17/2018
- Resistance on 09/14/2018
- Resistance on 09/13/2018
- Support on 09/06/2018
- Support on 08/17/2018
- Resistance on 08/15/2018
- Resistance on 08/14/2018
- Resistance on 08/13/2018
- 0.6485
- Resistance on 02/12/2020
- Peak on 02/12/2020
- Resistance on 02/06/2020
- Resistance on 01/31/2020
- Resistance on 08/09/2019
- Resistance on 08/08/2019
- Support on 08/05/2019
- Support on 06/18/2019
- Support on 06/17/2019
- Support on 06/14/2019
- Support on 05/23/2019
- Support on 10/26/2018
- Resistance on 10/10/2018
- Resistance on 10/05/2018
- Resistance on 01/29/2016
- Resistance on 01/28/2016
- Support on 01/22/2016
- Resistance on 01/19/2016
- Resistance on 01/18/2016
- Support on 11/23/2015
- Support on 11/16/2015
- Support on 10/06/2015
- Support on 08/12/2015
- Support on 08/05/2015
- 0.6425
- Resistance on 03/09/2020
- Support on 02/17/2020
- Support on 02/14/2020
- Support on 02/13/2020
- Support on 12/02/2019
- Resistance on 11/29/2019
- Resistance on 11/28/2019
- Resistance on 11/27/2019
- Resistance on 11/26/2019
- Resistance on 11/25/2019
- Resistance on 11/22/2019
- Resistance on 11/21/2019
- Resistance on 11/05/2019
- Resistance on 10/31/2019
- Resistance on 10/24/2019
- Resistance on 10/23/2019
- Resistance on 10/22/2019
- Resistance on 09/12/2019
- Resistance on 09/11/2019
- Resistance on 09/10/2019
- Resistance on 09/09/2019
- Resistance on 09/06/2019
- Resistance on 08/21/2019
- Resistance on 08/20/2019
- Resistance on 08/19/2019
- Support on 08/16/2019
- Support on 08/15/2019
- Support on 08/14/2019
- Support on 08/13/2019
- Support on 08/08/2019
- Support on 08/07/2019
- Support on 10/09/2018
- Support on 10/08/2018
- Trough on 10/08/2018
- Support on 01/28/2016
- Support on 01/27/2016
- Support on 01/26/2016
- Support on 01/21/2016
- Support on 01/15/2016
- Support on 01/14/2016
- Support on 11/18/2015
- Resistance on 10/01/2015
- Resistance on 09/18/2015
- Resistance on 09/17/2015
- Resistance on 09/09/2015
- Resistance on 09/03/2015
- Support on 08/28/2015
- Support on 08/27/2015
- Support on 08/26/2015
- Support on 08/25/2015
- Support on 08/24/2015
- 0.5585
- Support on 03/23/2020
- Support on 03/20/2020
- Support on 03/19/2020
- Support on 04/28/2009
- Support on 04/24/2009
- Support on 04/01/2009
- Support on 03/31/2009
- Support on 03/30/2009
- Support on 03/25/2009
- Support on 03/23/2009
- Resistance on 03/20/2009
- Resistance on 03/19/2009
- Resistance on 01/14/2009
- Resistance on 12/11/2008
- Resistance on 11/25/2008
- Resistance on 11/17/2008
- Support on 11/13/2008
- Support on 11/12/2008
- Resistance on 10/27/2008
- 0.5470
- Support on 03/19/2020
- Support on 04/20/2009
- 0.4900
- Support on 03/10/2009
- Support on 03/04/2009
Click on the level to view price action history. |