AUD/CAD – 1H – BUY

The pair Australian Dollar/Canadian Dollar (AUD/CAD) jumps from the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance level at 0.95453 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 0.94759 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

There is also a ‘Bearish SBS White Lines’ candle chart pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.95453 – 0.95092 – 0.94945 – 0.94759 – 0.94255 – 0.92979 —
0.95212 – 0.95105 —
56.544536534512 – 47.132639133259 —
– —
0.95453 – 1769565600

Trading Signals: FOREX – AUD – AUD/CAD – CAD – Bearish SBS White Lines – Double top chart pattern – – – – – – – –