USD/CAD – 1H – BUYThe currency pair US Dollar/Canadian Dollar (USD/CAD) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 1.37223 will continue.
Caution: A possible trend reversal in the direction of the support zone at 1.368 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches chart signal. Die Paarung wird wahrscheinlich steigen.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37525 |
| 2nd High | 1.37413 |
| Next High | 1.37223 |
| Current Price | 1.36989 |
| Next Low | 1.368 |
| 2nd Low | 1.36527 |
| 3rd Low | 1.35762 |
1.37223 – 1.37413 – 1.36048 – 1.368 – 1.36527 – 1.35762 —
1.36991 – 1.36966 —
51.633582306872 – 49.780104776965 —
– —
1.37223 – 1773770400
Trading Signals: FOREX – USD – USD/CAD – CAD – Three White Soldiers – – – – – – – – –