The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
A bullish ascent upwards to the next resistance level at 0.91736 will continue.
Caution: A possible change in the direction of the support zone at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘MACD crosses above signal’ indicator signal is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.
Furthermore a ‘RSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.91773 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 0.91736 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.92112 |
| 2nd High | 0.91832 |
| Next High | 0.91736 |
| Current Price | 0.91713 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.91736 – 0.91832 – 0.92112 – 0.91451 – 0.91434 – 0.91709 —
0.91642 – 0.91573 —
49.868849178032 – 43.69297406591 —
– —
0.91736 – 1769770800
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three White Soldiers – – – – – – – – –