EUR/CAD – 1H – BUYBesides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.58180 |
| 2nd High | 1.58093 |
| Next High | 1.57099 |
| Current Price | 1.56579 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.57099 – 1.56848 – 1.56726 – 1.56227 – 1.55979 – 1.56060
Trading Signals: FOREX – EUR – EUR/CAD – CAD – Northern Doji