EUR/CAD – 30M – BUY

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 1.61644348 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.61653 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.61653 – 1.6168 – 1.61565 – 1.61323 – 1.61066 – 1.61206 —
1.61524 – 1.61423 —
50.901215602909 – 48.419451346525 —
– —
1.61653 – 1768813200

Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – – – – – – – –