The pair Euro/British Pound (EUR/GBP) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.86782 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.86713 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘StochOSC Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘StochOSC Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.
Next a ‘MACD Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.
Next a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar tendiert eventuell nach oben.
Next a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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 | 0.87248 |
| 2nd High | 0.87085 |
| Next High | 0.86782 |
| Current Price | 0.86794 |
| Next Low | 0.86713 |
| 2nd Low | 0.86534 |
| 3rd Low | 0.86519 |
0.86782 – 0.86606 – 0.86631 – 0.86713 – 0.86534 – 0.86519 —
0.86736 – 0.86767 —
59.403661747103 – 60.622798916282 —
0.86713 – 1767830400 —
0.86782 – 1767814200
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Head and Shoulder chart pattern – – – – – – – –