Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
Additionally a ‘Bearish Engulfing’ candle chart pattern is existing. The candles form ‘Bearish Engulfing’. this is a bearish pattern 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 | 1.61701 |
| 2nd High | 1.61566 |
| Next High | 1.60421 |
| Current Price | 1.58983 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.60421 – 1.61566 – 1.61701 – 1.58357 – 1.61229 – 1.61263 —
1.58862 – 1.59151 —
38.952242171113 – 52.66270629534 —
– —
1.60421 – 1772478000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bearish Engulfing – Rising Wedge Chart Pattern – – – – – – – –