Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.
Next a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.
Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 0.9658 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.97102 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.97594 |
| Next High | 0.97102 |
| Current Price | 0.96447 |
| Next Low | 0.96331 |
| 2nd Low | 0.95905 |
| 3rd Low | 0.94618 |
0.97102 – 0.97594 – 0.97397 – 0.96637 – 0.96953 – 0.96962 —
0.96855 – 0.96637 —
31.924490234039 – 40.367674187791 —
– —
0.97102 – 1773325800
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Two Crows – – – – – – – – –