EUR/CAD – 30M – BUYAdditionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Additionally a ‘Bullish Engulfing’ candle chart pattern is detected. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.61755 |
| 2nd High | 1.6127 |
| Next High | 1.60802 |
| Current Price | 1.60896 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.60802 – 1.6127 – 1.61755 – 1.60463 – 1.60489 – 1.605 —
1.60839 – 1.60976 —
64.708625300462 – 60.225274485436 —
– —
1.60802 – 1784106000
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Bullish Engulfing – – – – – – – – –