The combination Euro/Swiss Franc (EUR/CHF) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 0.92784 is certain.
Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.93492 |
| 2nd High | 0.93072 |
| Next High | 0.92784 |
| Current Price | 0.92281 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.92784 – 0.9237 – 0.92349 – 0.92207 – 0.92017 – 0.91769 —
0.92433 – 0.92543 —
51.419370100977 – 40.25517000047 —
– —
0.92784 – 1784016000
Trading Signals: FOREX – EUR – EUR/CHF – CHF – Northern Doji – – – – – – – – –