USD/CAD – 30M – BUY

The currency pair US Dollar/Canadian Dollar (USD/CAD) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 1.38054 is considered certain.

Caution: A possible change in the direction of the support level at 1.37 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ” indicator signal is detected. The indicator shows ”. which is often a bullish chart scenario. The currency pair is likely to rise.

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And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. 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).

1.37475 – 1.37277 – 1.37086 – 1.37 – 1.37042 – 1.3688 —
1.37840 – 1.37681 —
71.185579493317 – 51.867800917033 —
– —
1.37475 – 1767385800

Trading Signals: FOREX – USD – USD/CAD – CAD – Northern Doji – Double top retreat up – – – – – – – –