EUR/AUD – 30M – BUYAdditionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 1.745185 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.73975 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.75177 |
| 2nd High | 1.74741 |
| Next High | 1.73975 |
| Current Price | 1.73636 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.73975 – 1.74741 – 1.75177 – 1.73325 – 1.72907 – 1.74147 —
1.73709 – 1.73678 —
61.625527052376 – 49.471950318642 —
– —
1.73975 – 1767753000
Trading Signals: FOREX – EUR – EUR/AUD – AUD – Northern Doji – Double bottom chart pattern – – – – – – – –