USD/CAD – 4H – BUYFurthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.
Furthermore a ‘Matching Low’ candle pattern is discovered. The chart shows ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38775 |
| 2nd High | 1.37142 |
| Next High | 1.37104 |
| Current Price | 1.36593 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37104 – 1.37142 – 1.38775 – 1.35777 – 1.35499 – 1.35971 —
1.36355 – 1.36589 —
56.337917207238 – 62.779621865865 —
– —
1.37104 – 1777478400
Trading Signals: FOREX – USD – USD/CAD – CAD – Matching Low – – – – – – – – –