AUD/CAD – 30M – BUY

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

A continuation of the uptrend up to the next resistance at 0.93126 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.93031 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘RSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘StochRSI Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘MACD Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.93196 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.93126 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

0.93126 – 0.93081 – 0.93196 – 0.93031 – 0.92778 – 0.92836 —
0.93112 – 0.93095 —
51.826005136048 – 48.453487814695 —
0.93031 – 1768867200 —
0.93126 – 1768851000

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji – – – – – – – – –