AUD/CAD – 30M – BUYBesides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.
Besides a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Besides a ‘Double top chart pattern’ chart pattern is detected. The chart shows ‘Double top chart pattern’. which is a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.89829 |
| 2nd High | 0.87448 |
| Next High | 0.87178 |
| Current Price | 0.86230 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.87178 – 0.87448 – 0.87218 – 0.86425 – 0.86449 – 0.86268
Trading Signals: FOREX – AUD – AUD/CAD – CAD – Northern Doji