The pair Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the bullish trendline up.
A continuation of the uptrend up to the next resistance level at is expected.
Caution: A possible reversal of the trend in the direction of support at 0.92157 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.92518 |
| Next Low | 0.92157 |
| 2nd Low | 0.91732 |
| 3rd Low | 0.91551 |
0.92384 – 0.91981 – 0.91893 – 0.92157 – 0.91732 – 0.91551 —
0.92287 – 0.92507 —
55.710069731226 – 66.338799491995 —
– —
0.92384 – 1764842400
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –