The combination Euro/Swiss Franc (EUR/CHF) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 0.91654 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.91489 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘RSI Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘RSI Hidden Bullish Divergence’. signal.
There is also a ‘StochOSC Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘StochOSC Hidden Bullish Divergence’. signal.
There is also a ‘MACD Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD Bullish Divergence’. which is often a bullish signal. The currency pair is likely to rise.
There is also a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. signal.
There is also a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.9178 |
| 2nd High | 0.91676 |
| Next High | 0.91654 |
| Current Price | 0.91573 |
| Next Low | 0.91489 |
| 2nd Low | 0.91431 |
| 3rd Low | 0.91429 |
0.91654 – 0.91676 – 0.91675 – 0.91489 – 0.91489 – 0.91576 —
0.91594 – 0.91542 —
53.509885118056 – 42.410639367973 —
– —
0.91654 – 1777998600
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Three Outside Up – – – – – – – – –