And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
And also a ‘StochRSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Hidden Bullish Divergence’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 1.18258 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.18258 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.18709 |
| 2nd High | 1.18377 |
| Next High | 1.18258 |
| Current Price | 1.18141 |
| Next Low | 1.17651 |
| 2nd Low | 1.17279 |
| 3rd Low | 1.16837 |
1.18258 – 1.18014 – 1.18214 – 1.17651 – 1.17814 – 1.17799 —
1.18224 – 1.18141 —
63.596772321013 – 52.76531979481 —
– —
1.18258 – 1770395400
Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji – – – – – – – – –