USD/CAD – 30M – SELLAlso there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.
Also there is a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36146 |
| 2nd High | 1.36076 |
| Next High | 1.35777 |
| Current Price | 1.35180 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.35777 – 1.36076 – 1.36146 – 1.34812 – 1.35091 – 1.35354 —
1.34936 – 1.35270 —
41.087115408831 – 52.677385201765 —
1.34812 – 1769736600 —
1.35777 – 1769707800
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish Engulfing – – – – – – – – –