EUR/USD – 30M – SELL

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.15786 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 1.16145 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.16145 – 1.16243 – 1.16533 – 1.15816 – 1.15946 – 1.16058 —
1.16001 – 1.15994 —
55.505824356362 – 46.862515228651 —
– —
1.16145 – 1763371800

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – –