EUR/CAD – 30M – BUYNext a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Next a ‘Northern Doji’ candle pattern is discovered. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.62714 |
| 2nd High | 1.62146 |
| Next High | 1.62103 |
| Current Price | 1.61598 |
| Next Low | 1.61479 |
| 2nd Low | 1.61185 |
| 3rd Low | 1.61046 |
1.62103 – 1.61666 – 1.61535 – 1.61479 – 1.61185 – 1.61046 —
1.61608 – 1.61544 —
31.709774403682 – 30.080661973822 —
– —
1.62103 – 1767873600
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – Double top retreat up – – – – – – – –