Midterm forecast: - While the price is above the support 106.600, continuation of uptrend is expected.
- We make sure when the resistance at 112.300 breaks.
- If the support at 106.600 is broken, the short-term forecast -continuation of uptrend- will be invalid.
Technical analysis: - A trough is formed in daily chart at 101.20 on 03/09/2020, so more gains to resistance(s) 111.10 and maximum to Major Resistance (112.30) 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 60.
Supports and Resistances: - 118.60
- Resistance on 01/03/2017
- Resistance on 12/15/2016
- Support on 01/29/2016
- Resistance on 01/26/2016
- Resistance on 01/08/2016
- Resistance on 01/07/2016
- Support on 01/04/2016
- Support on 10/15/2015
- Support on 10/14/2015
- Support on 10/02/2015
- Support on 09/04/2015
- Support on 08/26/2015
- Support on 04/30/2015
- Support on 04/29/2015
- Support on 04/20/2015
- Support on 04/17/2015
- Support on 03/26/2015
- Support on 02/26/2015
- Support on 02/25/2015
- Support on 02/20/2015
- Support on 02/19/2015
- Support on 02/18/2015
- Support on 02/13/2015
- Support on 02/12/2015
- Support on 02/10/2015
- 109.05
- Resistance on 01/31/2020
- Support on 01/09/2020
- Resistance on 12/05/2019
- Resistance on 12/03/2019
- Resistance on 11/26/2019
- Resistance on 11/18/2019
- Resistance on 11/13/2019
- Resistance on 11/12/2019
- Resistance on 10/30/2019
- Resistance on 10/29/2019
- Resistance on 10/28/2019
- Resistance on 08/01/2019
- Resistance on 07/31/2019
- Support on 05/13/2019
- Resistance on 01/31/2019
- Support on 01/18/2019
- Resistance on 01/09/2019
- Resistance on 01/08/2019
- Resistance on 01/03/2019
- Support on 05/25/2018
- Support on 05/24/2018
- Support on 05/09/2018
- Support on 05/08/2018
- Support on 05/07/2018
- Support on 05/04/2018
- Support on 05/03/2018
- 106.60
- Support on 03/18/2020
- Support on 10/07/2019
- Support on 10/04/2019
- Support on 10/03/2019
- Resistance on 08/30/2019
- Resistance on 08/29/2019
- Resistance on 08/23/2019
- Resistance on 08/22/2019
- Resistance on 08/15/2019
- Resistance on 08/06/2019
- Resistance on 08/05/2019
- Support on 08/02/2019
- Support on 01/03/2019
- Support on 04/11/2018
- Support on 04/10/2018
- Support on 04/09/2018
- Resistance on 03/30/2018
- Resistance on 03/21/2018
- Resistance on 03/20/2018
- Resistance on 03/14/2018
- Resistance on 03/13/2018
- Support on 02/28/2018
- Support on 02/26/2018
- Support on 02/23/2018
- Support on 02/22/2018
- Support on 11/14/2016
- Resistance on 07/27/2016
- Resistance on 07/25/2016
- Resistance on 07/19/2016
- Resistance on 06/24/2016
- Support on 06/10/2016
- Support on 06/09/2016
- Support on 06/08/2016
- Support on 05/06/2016
- 102.75
- Support on 11/09/2016
- Support on 11/04/2016
- Support on 11/03/2016
- Support on 10/10/2016
- Support on 10/07/2016
- Support on 10/05/2016
- Resistance on 09/21/2016
- Resistance on 09/15/2016
- Resistance on 09/14/2016
- Resistance on 09/13/2016
- Resistance on 09/12/2016
- Resistance on 09/09/2016
- Support on 09/02/2016
- Support on 08/31/2016
- Resistance on 08/08/2016
- Resistance on 08/02/2016
- Support on 07/12/2016
- Resistance on 07/05/2016
- Resistance on 07/04/2016
- Resistance on 06/28/2016
- Resistance on 08/15/2014
- Resistance on 08/05/2014
- Resistance on 08/04/2014
- Resistance on 06/05/2014
- Resistance on 06/04/2014
- Resistance on 05/02/2014
- Resistance on 04/29/2014
- Resistance on 04/23/2014
- Resistance on 04/22/2014
- Resistance on 04/21/2014
- Support on 03/31/2014
- Resistance on 03/19/2014
- Resistance on 02/24/2014
- Resistance on 02/21/2014
- Resistance on 02/18/2014
- Resistance on 02/12/2014
- Resistance on 02/11/2014
- Resistance on 01/31/2014
- Support on 01/13/2014
- 100.00
- Support on 09/27/2016
- Support on 09/22/2016
- Support on 08/26/2016
- Support on 08/24/2016
- Support on 08/23/2016
- Support on 08/17/2016
- Support on 08/16/2016
- Support on 07/08/2016
Click on the level to view price action history. |
