The pair Euro/Swiss Franc (EUR/CHF) jumps from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.92681 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.92972 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93281 |
| 2nd High | 0.93166 |
| Next High | 0.92972 |
| Current Price | 0.92755 |
| Next Low | 0.92681 |
| 2nd Low | 0.92577 |
| 3rd Low | 0.92544 |
0.92972 – 0.93166 – 0.93281 – 0.92681 – 0.93043 – 0.93076 —
0.92906 – 0.92844 —
40.941906624477 – 35.106459648473 —
– —
0.92972 – 1768816800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –