The currency pair Euro/US Dollar (EUR/USD) moves from the descending trendline upwards
A bullish ascent up to the next resistance level at 1.1689 will persist.
Caution: A possible trend reversal in the direction of the support zone at 1.165 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.
Then a ‘MACD Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
Then a ‘MACD-Hist Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD-Hist Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
Then a ‘Bearish SBS White Lines’ chart pattern is found. The candles show ‘Bearish SBS White Lines’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.17201 |
| 2nd High | 1.17092 |
| Next High | 1.1689 |
| Current Price | 1.16606 |
| Next Low | 1.165 |
| 2nd Low | 1.16429 |
| 3rd Low | 1.15237 |
1.1689 – 1.17092 – 1.17201 – 1.16609 – 1.1677 – 1.16936 —
1.16869 – 1.16656 —
44.156405452372 – 29.823915278785 —
– —
1.1689 – 1777518000
Trading Signals: FOREX – EUR – EUR/USD – USD – Bearish SBS White Lines – – – – – – – – –