The combination Euro/Swiss Franc (EUR/CHF) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 0.93501 will continue.
Caution: A possible change in the direction of the support level at 0.93366 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9363 |
| 2nd High | 0.93574 |
| Next High | 0.93501 |
| Current Price | 0.93376 |
| Next Low | 0.93366 |
| 2nd Low | 0.93327 |
| 3rd Low | 0.93011 |
0.93501 – 0.93245 – 0.92966 – 0.93366 – 0.93327 – 0.93011 —
0.93447 – 0.93399 —
56.981185875978 – 42.333728378452 —
– —
0.93501 – 1764081000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –