Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Additionally a ‘Bullish Engulfing’ candle pattern is found. The candles show ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.63378 |
| 2nd High | 1.63009 |
| Next High | 1.62912 |
| Current Price | 1.62853 |
| Next Low | 1.62498 |
| 2nd Low | 1.62079 |
| 3rd Low | 1.61926 |
1.62912 – 1.62861 – 1.63009 – 1.62498 – 1.62613 – 1.62783 —
1.62912 – 1.62866 —
57.19146361002 – 55.169209527223 —
1.62912 – 1763418600 —
– 1763418600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Engulfing – – – – –