USD/CAD – 1H – BUYBesides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.
Besides a ‘Bearish SBS White Lines’ chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38445 |
| 2nd High | 1.37389 |
| Next High | 1.37022 |
| Current Price | 1.36693 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37022 – 1.35777 – 1.36076 – 1.34929 – 1.34812 – 1.35354 —
1.36673 – 1.36790 —
54.094577761721 – 48.390444491223 —
– —
1.37022 – 1770062400
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish SBS White Lines – – – – – – – – –