Midterm forecast: - There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend.
Technical analysis: - A peak is formed in daily chart at 1.3795 on 05/05/2017, so more losses to support(s) 1.3590, 1.3535, 1.3400 and more depths 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 64.
Take Profits: - 1.3535
- Support on 04/27/2017
- Support on 04/26/2017
- Resistance on 04/21/2017
- Peak on 03/09/2017
- Resistance on 03/09/2017
- Resistance on 12/26/2016
- Peak on 11/28/2016
- Resistance on 11/28/2016
- Resistance on 11/25/2016
- Resistance on 11/24/2016
- Resistance on 11/18/2016
- Resistance on 11/17/2016
- Resistance on 11/09/2016
- 1.3400
- Support on 04/24/2017
- Resistance on 04/18/2017
- Resistance on 04/10/2017
- Resistance on 04/03/2017
- Resistance on 03/29/2017
- Resistance on 03/28/2017
- Resistance on 03/27/2017
- Resistance on 03/22/2017
- Support on 03/08/2017
- Resistance on 03/03/2017
- Resistance on 03/02/2017
- Resistance on 01/20/2017
- Support on 01/03/2017
- Support on 12/30/2016
- Support on 12/22/2016
- Resistance on 12/16/2016
- Resistance on 12/15/2016
- Support on 11/30/2016
- Support on 11/29/2016
- Support on 11/28/2016
- Support on 11/22/2016
- Support on 11/21/2016
- Trough on 11/17/2016
- Support on 11/17/2016
- Support on 11/16/2016
- Support on 11/10/2016
- Resistance on 11/08/2016
- Resistance on 11/07/2016
- Resistance on 11/03/2016
- Resistance on 11/02/2016
- Resistance on 10/28/2016
- Resistance on 10/27/2016
- Resistance on 10/24/2016
- Resistance on 03/16/2016
- Resistance on 03/15/2016
- Resistance on 03/10/2016
- Support on 03/03/2016
- Support on 03/02/2016
- Support on 03/01/2016
- Resistance on 12/04/2015
- Resistance on 12/03/2015
- Resistance on 12/02/2015
- Resistance on 12/01/2015
- Resistance on 11/30/2015
- Resistance on 11/23/2015
- Resistance on 09/28/2015
- Resistance on 09/24/2015
- 1.3185
- Resistance on 02/27/2017
- Resistance on 02/22/2017
- Resistance on 02/08/2017
- Resistance on 02/07/2017
- Resistance on 01/17/2017
- Resistance on 01/16/2017
- Resistance on 01/12/2017
- Support on 01/10/2017
- Support on 01/09/2017
- Support on 01/06/2017
- Support on 01/05/2017
- Support on 12/08/2016
- Support on 10/13/2016
- Support on 10/07/2016
- Resistance on 09/30/2016
- Resistance on 09/29/2016
- Resistance on 09/23/2016
- Resistance on 09/13/2016
- Resistance on 08/09/2016
- Resistance on 08/08/2016
- Resistance on 08/05/2016
- Resistance on 07/29/2016
- Resistance on 07/22/2016
- Peak on 05/25/2016
- Peak on 05/24/2016
- Resistance on 05/24/2016
- Resistance on 05/23/2016
- Resistance on 04/07/2016
- Resistance on 04/06/2016
- Resistance on 04/05/2016
- Resistance on 03/29/2016
- Support on 03/28/2016
- Support on 03/11/2016
- 1.3010
- Support on 02/16/2017
- Support on 02/06/2017
- Support on 02/03/2017
- Support on 02/02/2017
- Support on 01/31/2017
- Support on 01/17/2017
- Support on 10/19/2016
- Support on 09/22/2016
- Trough on 09/22/2015
- Trough on 09/21/2015
- Trough on 09/18/2015
- 1.2835
- Support on 09/07/2016
- Support on 09/06/2016
- Support on 08/26/2016
- Support on 08/17/2016
- Support on 08/16/2016
- Support on 07/05/2016
- Support on 07/04/2016
- Support on 06/17/2016
- Resistance on 06/07/2016
- Support on 05/17/2016
- Support on 05/13/2016
- Support on 05/12/2016
- Support on 05/11/2016
- Resistance on 04/13/2016
- Support on 10/15/2015
- Peak on 03/20/2015
- Peak on 03/19/2015
- Peak on 03/18/2015
- Resistance on 03/18/2015
- 1.2665
- Support on 06/23/2016
- Support on 06/10/2016
- Support on 06/09/2016
- Support on 06/08/2016
- Support on 04/22/2016
- Support on 04/19/2016
- Resistance on 07/06/2015
- Peak on 04/14/2015
- Peak on 04/13/2015
- Resistance on 04/10/2015
- Peak on 04/10/2015
- Resistance on 04/02/2015
- Support on 03/12/2015
- Support on 03/11/2015
- Peak on 02/26/2015
- Peak on 02/25/2015
- Peak on 02/24/2015
- Resistance on 02/24/2015
- Resistance on 02/11/2015
- Resistance on 02/03/2015
- Resistance on 01/29/2015
- Resistance on 04/01/2009
- 1.2465
- 1.2125
- Trough on 06/22/2015
- Trough on 06/19/2015
- Support on 06/18/2015
- Trough on 06/18/2015
- Support on 05/19/2015
- Resistance on 05/11/2015
- Resistance on 05/08/2015
- Resistance on 05/07/2015
- Resistance on 05/05/2015
- Resistance on 04/30/2015
- Resistance on 04/28/2015
- Support on 04/24/2015
- Support on 04/23/2015
- Support on 04/17/2015
- Trough on 11/26/2008
- Trough on 11/25/2008
- 1.1920
- Trough on 05/18/2015
- Trough on 05/15/2015
- Trough on 05/14/2015
- Support on 05/14/2015
- Support on 05/13/2015
- Support on 01/15/2015
- 1.1425
- Support on 12/09/2014
- Support on 12/08/2014
- Resistance on 12/03/2014
- Resistance on 12/02/2014
- Resistance on 12/01/2014
- Resistance on 11/28/2014
- Resistance on 11/07/2014
- Resistance on 11/06/2014
- Resistance on 11/05/2014
- Resistance on 11/04/2014
- 1.0650
- Support on 07/09/2014
- Support on 07/07/2014
- Support on 06/30/2014
- Support on 01/07/2014
- Resistance on 01/06/2014
- Resistance on 12/31/2013
- Resistance on 12/26/2013
- Resistance on 12/23/2013
- Resistance on 12/13/2013
- Resistance on 12/12/2013
- Resistance on 12/10/2013
- Resistance on 12/09/2013
- Support on 12/05/2013
- Resistance on 12/03/2013
- Resistance on 12/02/2013
- Resistance on 10/04/2011
- Resistance on 09/01/2010
- Resistance on 08/31/2010
- Resistance on 08/27/2010
- Resistance on 08/25/2010
- Resistance on 08/24/2010
- 0.9405
- Trough on 08/01/2011
- Trough on 07/29/2011
- Trough on 07/28/2011
- Trough on 07/27/2011
- Support on 07/27/2011
- Trough on 07/26/2011
- Support on 07/26/2011
Click on the level to view price action history. |