EUR/USD – 30M – BUY

Moreover a ‘Falling Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The pair is likely to go up.

The pair Euro/US Dollar (EUR/USD) breaks through the bearish trendline upwards

The bullish trend up to the next resistance at 1.14871 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.14459 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.14871 – 1.15299 – 1.15231 – 1.14459 – 1.14606 – 1.14742

Trading Signals: FOREX – EUR – EUR/USD – USD – Northern Doji