Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
Next a ‘Bearish Belt Hold’ candlestick chart pattern is existing. The candles show ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.40142 |
| 2nd High | 1.3977 |
| Next High | 1.3945 |
| Current Price | 1.39076 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3945 – 1.38656 – 1.3785 – 1.36696 – 1.36993 – 1.37043 —
1.39418 – 1.39376 —
62.791490445759 – 41.440135928003 —
– —
1.3945 – 1774890000
Trading Signals: FOREX – USD – USD/CAD – CAD – Bearish Belt Hold – – – – – – – – –