USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance at 1.39194 will persist.

Caution: A possible trend reversal in the direction of support at could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).

1.39194 – 1.39075 – 1.38964 – 1.38846 – 1.38659 – 1.38547 —
1.38890 – 1.38946 —
40.796067523282 – 48.447028794721 —
– —
1.39194 – 1768494600

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Double top retreat up – – – – – – – –