The combination Euro/Swiss Franc (EUR/CHF) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 0.93543 is certain.
Caution: A possible change in the direction of resistance at 0.93717 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ” indicator signal is existing. The indicator shows ”. which could be a negative chart signal. The pair is likely to go down.
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Next a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency 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 | 0.93954 |
| 2nd High | 0.93725 |
| Next High | 0.93717 |
| Current Price | 0.93888 |
| Next Low | 0.93543 |
| 2nd Low | 0.93525 |
| 3rd Low | 0.93489 |
0.93717 – 0.93714 – 0.93598 – 0.93543 – 0.93525 – 0.93489 —
0.93879 – 0.93915 —
70.367925946112 – 71.42088426694 —
– —
0.93717 – 1765155600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –