The currency pair Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 0.93245 is considered certain.
Caution: A possible change in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘MACD Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD Hidden Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is discovered. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93259 |
| 2nd High | 0.93253 |
| Next High | 0.93245 |
| Current Price | 0.93137 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.93245 – 0.92966 – 0.93048 – 0.93011 – 0.92989 – 0.92753 —
0.93131 – 0.93124 —
47.072598129884 – 48.087163066236 —
– —
0.93245 – 1763978400
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –