Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.810015 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.81033 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.81345 |
| 2nd High | 0.81116 |
| Next High | 0.81033 |
| Current Price | 0.80881 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.81033 – 0.81116 – 0.81345 – 0.80658 – 0.80893 – 0.81019 —
0.80745 – 0.80866 —
38.150159870183 – 52.385360952713 —
– —
0.81033 – 1782694800
Trading Signals: FOREX – USD – USD/CHF – CHF – Three White Soldiers – – – – – – – – –