Midterm forecast: - While the price is above the support 1.20100, beginning of uptrend is expected.
- We make sure when the resistance at 1.26500 breaks.
- If the support at 1.20100 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - While the RSI downtrend #1 is not broken, bearish wave in price would continue.
- A trough is formed in daily chart at 1.2010 on 05/18/2021, so more gains to resistance(s) 1.2200, 1.2365, 1.2470 and maximum to Major Resistance (1.2650) 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 42.
Supports and Resistances: - 1.4665
- Resistance on 03/19/2020
- Peak on 03/19/2020
- Resistance on 03/18/2020
- Resistance on 01/20/2016
- 1.3710
- Resistance on 06/29/2020
- Resistance on 06/26/2020
- Support on 05/29/2020
- Support on 03/16/2020
- Support on 03/12/2020
- Support on 03/11/2020
- Resistance on 03/09/2020
- 1.3420
- Resistance on 09/30/2020
- Resistance on 09/29/2020
- Resistance on 09/25/2020
- Resistance on 09/24/2020
- Resistance on 08/04/2020
- Resistance on 08/03/2020
- Resistance on 07/31/2020
- Support on 07/21/2020
- Resistance on 06/10/2020
- Resistance on 06/09/2020
- Support on 06/05/2020
- 1.3170
- Resistance on 11/13/2020
- Resistance on 11/05/2020
- Support on 10/28/2020
- Support on 10/27/2020
- Support on 10/19/2020
- Support on 10/16/2020
- Support on 09/21/2020
- Resistance on 09/03/2020
- Support on 08/25/2020
- Support on 08/21/2020
- Support on 08/20/2020
- Resistance on 01/23/2020
- Resistance on 12/24/2019
- Resistance on 12/23/2019
- Resistance on 12/20/2019
- Resistance on 12/18/2019
- Support on 12/12/2019
- Support on 12/11/2019
- Support on 12/06/2019
- Support on 12/05/2019
- Support on 11/08/2019
- Resistance on 11/05/2019
- Resistance on 11/01/2019
- Resistance on 10/31/2019
- Resistance on 10/30/2019
- Support on 10/11/2019
- Support on 09/12/2019
- Support on 08/05/2019
- Resistance on 07/30/2019
- Resistance on 07/29/2019
- Resistance on 07/26/2019
- Resistance on 07/25/2019
- Resistance on 07/23/2019
- Resistance on 06/26/2019
- Support on 06/24/2019
- Support on 06/21/2019
- Support on 06/20/2019
- Support on 02/21/2019
- Support on 02/20/2019
- Support on 01/09/2019
- Support on 12/04/2018
- Support on 12/03/2018
- Resistance on 11/19/2018
- Support on 11/15/2018
- Resistance on 11/08/2018
- Resistance on 11/01/2018
- Resistance on 10/31/2018
- Resistance on 09/11/2018
- Resistance on 09/10/2018
- Resistance on 09/07/2018
- Resistance on 08/17/2018
- Resistance on 08/16/2018
- Resistance on 08/15/2018
- Resistance on 08/13/2018
- Resistance on 07/25/2018
- Resistance on 07/24/2018
- Resistance on 07/16/2018
- Resistance on 07/13/2018
- Support on 06/27/2017
- Support on 06/14/2017
- Support on 02/28/2017
- Resistance on 02/23/2017
- Resistance on 02/22/2017
- Resistance on 02/21/2017
- Resistance on 02/09/2017
- Resistance on 01/30/2017
- Resistance on 01/25/2017
- Support on 01/11/2017
- Support on 01/06/2017
- Support on 12/09/2016
- Support on 10/11/2016
- Support on 10/10/2016
- Support on 10/06/2016
- Resistance on 09/30/2016
- Resistance on 09/29/2016
- Resistance on 09/23/2016
- Resistance on 08/09/2016
- Resistance on 07/29/2016
- Resistance on 07/22/2016
- Resistance on 05/24/2016
- Resistance on 05/23/2016
- Resistance on 05/20/2016
- Resistance on 04/08/2016
- Resistance on 04/07/2016
- Resistance on 04/06/2016
- Resistance on 04/05/2016
- Support on 03/28/2016
- Support on 03/11/2016
- Resistance on 11/05/2015
- Resistance on 11/04/2015
- Resistance on 11/03/2015
- Resistance on 10/30/2015
- Support on 10/28/2015
- 1.2955
- Resistance on 12/21/2020
- Support on 11/30/2020
- Support on 11/09/2020
- Support on 01/07/2020
- Support on 01/06/2020
- Support on 01/03/2020
- Support on 12/31/2019
- Resistance on 10/05/2018
- Resistance on 09/25/2018
- Resistance on 09/24/2018
- Support on 08/31/2018
- Support on 08/27/2018
- Support on 08/07/2018
- Support on 06/14/2018
- Support on 06/13/2018
- Resistance on 06/04/2018
- Resistance on 05/09/2018
- Resistance on 05/08/2018
- Resistance on 03/13/2018
- Resistance on 03/08/2018
- Resistance on 03/07/2018
- Support on 07/06/2017
- Support on 07/03/2017
- Support on 06/30/2017
- Resistance on 08/24/2016
- Resistance on 08/23/2016
- Resistance on 08/22/2016
- Support on 08/11/2016
- Support on 07/13/2016
- Resistance on 07/01/2016
- Resistance on 06/30/2016
- Resistance on 06/15/2016
- Resistance on 06/06/2016
- Support on 05/27/2016
- Support on 05/26/2016
- Resistance on 05/17/2016
- Resistance on 05/16/2016
- Resistance on 05/13/2016
- Resistance on 05/06/2016
- Resistance on 04/18/2016
- Support on 04/08/2016
- Support on 04/01/2016
- Support on 03/31/2016
- Support on 03/30/2016
- Support on 03/18/2016
- Support on 03/17/2016
- Resistance on 10/15/2015
- Support on 10/13/2015
- Support on 08/13/2015
- Support on 08/12/2015
Click on the level to view price action history. |