And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
And also a ‘%K crosses above %D’ indicator signal is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 1.61644348 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 1.61653 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61823 |
| 2nd High | 1.6168 |
| Next High | 1.61653 |
| Current Price | 1.61504 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.61653 – 1.6168 – 1.61565 – 1.61319 – 1.61323 – 1.61066 —
1.61484 – 1.61481 —
52.942411983368 – 48.937189526734 —
– —
1.61653 – 1768813200
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji – – – – – – – – –